WWG 0.00% 8.4¢ wiseway group limited

Interesting company, but poor liquidity.70% of the 168 million...

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    Interesting company, but poor liquidity.

    70% of the 168 million SOI are owned by the Tong family, who are involved in the day to day business.

    Yesterday’s 8.5 cent close was not only a 52 week low, but in fact the lowest since listing in 2018. Interesting since only circa 50 million shares are held outside the family, and a recent raise at 17 cents. You would think these would support the SP, but still unable to do so. Something is wrong here…
    Last edited by auro: 07/09/22
 
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