WSY 9.09% 1.0¢ webspy limited

what is wrong

  1. 1,540 Posts.
    lightbulb Created with Sketch. 5
    Very surprised to see largish sells dumped across the spread on WSY. Annual report looked good barring the normal "going concern" cautions. Though in this case, they just refer to the spot of bother WSY would be in if creditors didn't pay their bills on time. Perhaps that frightened a few investors?

    Or there's always the possibility that a few in the know are dumping because of a rogue bill that remains unpaid? I hope that's not the case.

    Would be very sad if a profitable business was destroyed or drastically diluted simply because the market cap has flagged below the level where new capital could be raised to strengthen the balance sheet.
 
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Currently unlisted public company.

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