Tectonic Investment Management writetup published on Livewire, page-35

when the news of takeover offer from 5gn first announced, wcg undergoes a capital raising of 17c and the closing price was 21c at that time (nov20). after which the shares price went up with no apparent reason and 5gn offer a 1 for 2 offer as a result. wcg has been doing badly prior and with no profit in sight. looking back, the past wcg shareholder got a better deal compared to 5gn holders. current board move the company forward with his proposal despite a bit slower than expected. if you have gotten in after the merger, based on the share price movement, i do understand you blaming the management. then again without the current management or a positive change, wcg probably won't be around much longer. looking forward we all hope for the better. good luck.