I have dipped in and out shorting WPCT for a while, and I am having another dip in for a short position.

WPCT is still stuck trying to sell illiquid holdings from a position of financial distress, the board has just released the NAV at 58.10p ( 6th November 2019) a month ago it was 64.67p (4th October), 11% drop .
When you look at the monthly NAV drops over the last year, its as though investors are being let down gently.
Share price has dropped 25% in the last month.
How low could it go, market cap is £298M (855M shares) - personally I think a market cap of £150M would be a fair target.

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