RE: Upside significant10 Feb 2024 19:54
So kind of WH Ireland who almost collapsed last year. These excerpts from a paper last year regarding them,
We ask because of course WH Ireland recently reported problems so bad they required an emergency rights issue: “WH Ireland (LON: WHI) is that interesting thing, the stockbroker that can't make money in the stock market. Even more interesting, the wealth manager that manages to destroy wealth. We think that both of those observations are going to be really very helpful to the business in the future.
So I think it's best that the share prices remain at least around this area of which we are now until most loose shares have been bought back. But regarding the facilities acquired in China, the market has automatically been global. Even Tesla buys their battery electrodes in China and hopefully our EBT in near future.