After a complete drubbing in recent months as the chart below demonstrates (90% capital destruction in just 6 short months), there seems to be a stock shortage in WGP amongst the marketmakers today and growing noises of an imminent positive news announcement… Perhaps City Index have settled with them?
The volume in recent days looks to be a clue as to the recent strength. Looks like first target is 10p. It is also worth noting that One Media Technology made takeover overtures in the early part of this year with a mooted sale price towards 60p.
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