Michael Edelson, serial director, and amongst other current directorships on the Board of Singer & Friedlander AIM3 VCT plc, has been appointed to the Board of WRN to assist Joe Dwek, current chairman, holder of over 17% of the equity and currently ubderwriting WRN's term loans, in seeking to merge, acquire or reverse WRN into a new business. WRN already has valuable property assets which have Change of Use potential, so the company might readily appeal to a private property company seeking a full listing.
The shares are thinly traded and have already responded to this recent appointment in anticipation that a deal will not be long in coming. The right deal should make this stock motor.

Cant remember Belair are they listed.?

Cannot find them now. They were a shell back in the early '80's. Showing my age!

That's fine Sharesure it happen here you never know ..

What price do you see these going to..?

It's impossible to predict that, but the business model seems pretty straight forward. The legal case stuff is probably very lucrative and on the law of averages should be fairly easy to predict on a cash flow basis once the company can show the track record of wins v losses. (I am sure that they already have a good idea of that ratio and so would their bankers, Close Bros.)
Then get that 'run of the mill' stuff to fund the more speculative, but potentially much higher risk/reward ratio stuff like Oil & Gas and Rare Earths exploration. If the first part of the plan goes well they should not ever be in the usual explorers' nightmare of doing all the hard work, running out of money, and then getting taken to the cleaners by a second stage funder.
To me, this looks like a stock to stay with. I know on another board there are some detractors but my hunch is that they haven't thought about this in the right way. We'll see who is right soon enough, I suspect. I am staying with it. As the start date of the thread shows this has been a long time incubating.

We are up 50% now what an amazing share I'm not selling still adding I remember buying Asos at the low could have made millions.

.

yeeeeeeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

Sharesure could this go to 2500p just like Belair cosmetics did .. theres a thought.

Calm down you'v just had about 650% in a few days .

I imagine Gotham City are burning the midnight oil compiling a defamatory press release and itching to short this!

lol gotham city - another rns due tomorrow o&g major news.................and more....
:-)

lol jimmyb

could do mitzy lol - remember asos when it was under 10p :-)

300p + today the real big rns everyone been waiting for - you may not be able to buy easily though hardly anything available
gla

A 60% rise yesterday will it continue today.

Also, once the selling starts, will everyone decide it's time to take profit rather than lose the whole thing?

Could be right Harry down nearly 20% on profit taking.

Nobody will be surprised that there has been a drop; that was inevitable after the sp performance since the re-quote.
Next deal should be imminent - oil & gas sector this time? Will be very interesting to see what they have in mind on that front.

I look forward to the announcement Sharesure.

Frankfurt listing seems to be in place.

StockMarketWire.com
Worthington has reached agreement to invest £12.5m in CPS Energy Resources Plc, an oil and gas exploration company focused on Africa and working in partnership with Oando, one of Africa's largest oil and gas exploration companies, listed on the Johannesburg Stock Exchange.

One of Oando's trading subsidiaries, Oando Energy Resources Inc, is listed on the Toronto Stock Exchange.

Currently, the principal asset of CPS is an 80.75% interest in Oil and Gas Block OPL 236 which, at over 1,600 Sq Km, is one of the largest concessions ever granted in Nigeria. The Block is onshore within the oil rich Niger Delta, and is surrounded on each side by proven oil and gas fields, including the Shell Imo River fields which are Nigeria's largest onshore fields with oil production rates of approximately 25,000 barrels a day.

going like a train for the brave, and very much against the wind too