Wordsworth Share Price Slide halted - but hasn't recovered

Wordsworth Share Price Slide halted - but hasn't recovered

The recent press conference at which Wordsworth International reiterated its commitment to maintaining the highest degree of ethical standards while pursuing its E&P opportunities in the Tanyan region of Thibaw seems to have helped stop the recent slide in Wordsworth share value.

"It gives Wordsworth a breathing space," sais respected commentator Jim Good yesterday, "and ethical investors are giving it the benefit of the doubt, based on its previous performance. But Open Books' recent attack on Wordsworth has done serious damage and Wordsworth is going to have to come up with something positive soon if there's not to be another slide."

Mr.Good also alluded to rumours that the respected UK environmental consultant Odiham Associates Ltd. have been contracted by Wordsworth to provide a Social and Economic Impact Assessment of its proposed development in Thibaw.. "Odiham won't pull its punches," Mr. Good said. "Many activists are saying the acid test of Wordsworth's integrity will be its willingness to make this report public."

Wordsworth shares are trading at 305, up slightly on its 2010 low of 304.