WAB 0.00% 7.3¢ wallace absolute return limited

whacked to a new low

  1. 6,716 Posts.
    WAB whacked to a new low of 17 cents today.

    Investors are finally starting to realise that the CEO has secretly lent almost half the company's money to his mates' two-bit second-hand computer rental store.

    If one makes the eminently reasonable assumption that this money will never be repaid, then WAB may even be overvalued at current market prices.
 
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