Still nursing a few hangovers, Australia’s WiseTech Global (WTC) hasn’t fully recovered from the short-sellers’ attack it was subject to in mid-October.
But this is only one side of a corporate story for a company whose stock on Wednesday closed in the mid-A$20s at its lowest level (and also a six-month low) since its accounting practices were questioned, before settling slightly higher on Thursday and bouncing back on Friday.
The other side …
The post Supply chain radar: WiseTech at new low absent the next deal to feed the syndrome appeared first on The Loadstar.
Source: The Loadstar
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