WLF is only down 3.5c from its CR of 30c, and you are saying its getting smashed, I'm sure there are other companies on the ASX, that are getting smashed more then WLF, What about TON? from a high of 86c in July, today's price 34c, isn't TON getting smashed?
I don't have a theory on the desperate share performance of WLF, as I don't see WLF as having a desperate share performance ATM, since the closing date of the CR 2nd of May, the sp of WLF hasn't gone below 26c in 5 months. So I'm guessing that that is the floor of WLF, I can't see WLF going to 16c in a months time, but then again the way the markets are ATM anything could happen I suppose.
" Is there a big holder who needs to be managed" I'm not sure what you mean on this, could you please explain a little bit more on this thanks.
WLF Price at posting:
26.5¢ Sentiment: Buy Disclosure: Held