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

Yes, I think a 1 for 2 rights issue at 10p with the share price at 12p would be about right.

Mike, don't know what you are talking about the P&L being in poor shape putting the company in danger. Its balance sheet weakness that puts companies in danger. In WHOG's case, there's an issue with cashflow because of the large debtors, but it certainly isn't P&L. Energis is a completely different case, it's balance sheet was in tatters from a very early stage - how it kept going for so long is amazing. I repeat, WHOG and EGS are chalk and cheese.