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home / news releases / WCAGY - Wirecard - There's No Value Here. It's Dead And Bankrupt

WCAGY - Wirecard - There's No Value Here. It's Dead And Bankrupt

Wirecard Ag Unsp/Adr

So Wirecard has declared itself insolvent.

This is not, perhaps, the greatest surprise of all time, Wirecard (WRCDF) has declared itself to be insolvent. The company's announcement:

The management board of Wirecard AG has decided today to file an application for the opening of insolvency proceedings for Wirecard AG...

And so on and etcetera. The Seeking Alpha news piece is here. My recent insistence that this has going to happen is here.

The share price before suspension and delisting:

(Wirecard share price from Google)

And the bond price:

(Wirecard bond

Read more ...
Stock Information
Company Name: Wirecard Ag Unsp/Adr
Stock Symbol: WCAGY
Market: OTC
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