[VIDEO] WMC entitlement offer closes soon, page-80

@Drugo, I disagree.

Look at Probuild & Condev (construction companies) as examples. They were well advanced with a national pipeline of projects worth billions of dollars & annual turnover of billions of dollars, but that didn't prevent them from getting sucked down the administration plug hole. One article described the underlying problem like this...

"In the end, it is another sad tale...one involving revenue growth but with low conversion to bottom line profitability unable to sustain the business through the current unprecedented challenging market conditions".

Your suggestion that "there is way to much money involved for WMC to vanish at this stage" seems very similar to the "Too Big To Fail" way of thinking.

"Never Too Big To Fail" is the appropriate category for Banks, National Economy & Mining companies IMO.