New II's are holding their shares!, They have bought them.. When contract news arrives this will require rate accordingly on numbers. Those who have sold out at the bottom will unfortunately regret it.
CAGNEY,, there's sooo many bitter LTH here with averages well above 10/15/20p. This is now a binary bet i.e. the MC will still be around £10m after the II's get their shares which is cheap with all on offer,,, they will of done DD on this £5m raise so they will be in for at least 19p.. that's more than achievable 'IF' some or even one of those advanced contracts gets secured.
PRO'S No debt!!! Contracts already in situ £50m invested to date Advanced contract discussions Placing /removal of debt & riverfort could be the pre curser to further deals
IMO this is a buy with limited downside (albeit risk there!) however huge huge upside potential.
Belfry, don't get me wrong though,,, if Fowler does get a few of these advanced contracts then this is certainly a game changer and you would probs see 20p plus...
Those new investors are not forward selling, they have around 40% now collectively and have carried out DD on this . They wouldn't invest £5m if they didn't think the growth prospects we're unachievable.
Keee, hmmm. Me thinks 8p / 10p on contract news, nothing changed here apart from no debt now,,, as you know. Feel for previous holders though, not nice.
You should all either sell up and move on ,,,or average right down to make back your losses... They will ramp this right up to 10p (plus) once just one contract is signed!!
threeputt, the corner has turned here.. 4p is a great start, at very very worst, even if it drops further,, it would get back to 4p. However with the new II's on board I wouldn't be surprised to see 10p in 3 to 6 months. Risk reward good here.
Seems to be lots of posters who were invested here (or still are) who are either very angry or still have great interest in WSG,, As you all know though,, and pray for that it won't happen,,, just one or two of those advanced contracts will transform WSG and the SP.
Probs 3 -6months for you to keep watching though..
Invested to date!!!,,, new investors on board holding circ 40% soon, not forward selling...no debt, steady income and around £2m in cash, advanced stage contracts.... I'm afraid now is WSG's time, not when the SP was 8p/10p/15p etc.
New II's haven't invested £5m for nothing... From these levels LTH should be averaging down not selling!.