WPG have been faced with their challenges also in terms of larger holders offloading. We went through these crap movements not too long ago when another sizeable holder was selling. The only issue I have with Pybar selling out (if it really is them which I suspect it is) is that it's occurring while a rights issue is on the cards.
Since I have held the stock the only positive is I haven't seen is that no directors have been selling. Bob Duffin obviously being the largest shareholder. I'll be happy once we can get some dedicated larger substantial shareholders. Hopefully this new substantial holder from New Zealand is the real deal.
WPG Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held