Battle Has Began (WHOG) Game On (Bottom Reached)

A rights issue is pretty much a foregone conclusion - but this is a positive IF WHOG have learned something - I think they have. I also reckon the share price will be 10p plus when the rights issue may occur on a 2 for 1 or 1 for 1 basis which should give a reasonable sum after expenses (I will definetely be a subscriber)- This will allow them to move forward but this time giving consideration to Risk Analysis, cashflow AND hedging their US exposure re currency movements. The risk/reward looks good to me from here but not one to put your pension into.