WTP 0.00% 91.0¢ watpac limited

What's going on with this co? I follow nrw holdings about 300m...

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  1. 2,083 Posts.
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    What's going on with this co? I follow nrw holdings about 300m revenue and 200m market cap and saw a comparison with other companies which showed wtp had 1.2bn in revenue and market cap of just over $100m. I thought it must be a mistake so went check and sure enough it's true,

    I thought perhaps they had Plummeted from several dollars but no...are they not capable of making a profit?
    With just a 4% margin they should be a multiple of where they are. Strange... seems like no confidence in mgmt?
 
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Currently unlisted public company.

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