NNW 1.43% 7.1¢ 99 wuxian limited

41c in November to 10.5c today - disaster. Someone has lost...

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  1. 2,285 Posts.
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    41c in November to 10.5c today - disaster. Someone has lost faith and patience.

    And it will get cheaper still IMHO.

    The next annoucements may include the resignations of a director or two, with excuses like moving on to other business ventures... blah blah. You might get an idea of who has been selling.

    Anyway, these regular announcements of new business partners are like fairy floss, they never translate into any significant additional revenue.

    Listing on the ASX has turned out to be something of an error that I assume they are now regretting.

    I think we are in for an Xmas sell off, no rally this year!

    Gw
 
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