short term trading - week starting 26th august, page-37

  1. 7,603 Posts.
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    Fib,
    Had a look a WSR....I always examine the mutts you mention,because quite a few are likeable.
    WSR doesn't seem to have much of an asset....$3.3m in cash....Expensive to feed.... Admin expenses $380Ks last quarter....will run out of cash within 12 months with no asset to speak of.....Talking about cost cutting for a couple of quarters to preserve their "substantial" cash...but..
    Stay away.
 
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