Is anyone near to this company who has any information on their progress in getting planning consent/selling their Bradford site. Recent stirrings in the price in spite of low share turnover suggests something is afoot.

Investors Chronicle include WRN as one of their 10 shares in the 'down but not out category' in an article looking for new growth stocks. Residential planning consent for one of WRN's major factory sites is expected any day now and given the current mkt. cap. of 2.4m any planning consent should transform the asset value and pave the way for WRN to complete its rationalisation away from manufacturing.

The news on the Planning Application which the company has always reckoned will be favourable is apparently 'imminent'

WRN is keeping very quiet about what it is doing; normally very forthcoming about their plans. Chairman Joe Dwek has a sizeable stake which is a nice 'insurance policy'to give comfort to the rest of us. Results are due very soon as they claim to have been in the closed period for several weeks now. It would be nice to think that the results would be timed with an announcement on their planning application at Bradford. With a consent in their hands this co. would make a nice shell. Hope my thoughts are on the right track.

Is anyone near to this company who can shed any light on the planning applications they have for residential development on various of their factories?

A J Worthingtom is reported to have abandonned its intention to move to AIM. As a main listing small cap with little continued exposure to UK manufacturing and with its industrial property assets in the process of being considered for residential redevelopment, this would seem to make a tidy little shell company.

Anyone interested in what should prove a good shell deal should take a look at the company's latest RNS. The right deal should make it fly. Up 20% in the last two trading days. Chairman's stake + ongoing financial commitment acts as an insurance policy on this one.