similar trading pattern.

For those who may not have noticed, LNG announced a similar placement/spp issue recently.

WCL looks like trading very much like LNG did.

The LNG s/p ran up before the placement was announced.

To everyones surprise the LNG s/p held up for a week approx after the placement was announced.

Once the LNG placement shares were issued the stock weakened and then it dropped below the placement price for a few weeks.

Then it was all about news to lift the LNG s/p up, which there was news and the price is 25% up on the placement price, with hopefully more news to come.

What i have seen from these types of issues, is the dumping of shares from the placement issue even at a loss, but then a recovery with positive news.

I really hope WCL have done there homework on the placement investors to hold their nerve and not sell and hold on for positive news. all imo.

Good luck to all.