WPI undervalued, page-18

Long term look is important for me and keeping that in mind I am buying small orders almost every day...

Let's make some comparisons:
Vtx - market cap was 5m at 1.5c with 1.2m cash.
Srt - market cap at 1.5c is almost 16m with EV of 12m.
Wpi - market cap at 2.2c is 5.8m with 1.3m cash including the shares which will issued to directors after AGM at 2c...

It is clearly the cheapest shell managed by MW...

Now let's presume two scenarios:
1. Srt makes a good acquisition and goes nuts, it will set a new precedent for MW shells when it comes to market caps.
2. SRT makes an average acquisition which does not create a wow factor (highly unlikely but one scenario), WPI would still trade at the same value as it has already has a small EV quite close to active shells and even lower from few such as PSF, CVE, Rad and RYG...

All in all, I think WPI is a real good shell which can make heaps of profits...

Cheers