Wales were beaten 43-7 by Australia in the semi-finals of the IRB under-21 World Cup, while in the other semi there was a huge shock as hosts South Africa knocked out favourites New Zealand by 19-18.
The results mean that Wales will again meet New Zealand, having lost to them only last week, in a third-place match.
For 62 minutes Wales were ravaged by Australian flanker Jone Tawake, a certain future senior cap, who scored one of his side's five tries and created three others.
Wales were 23-0 down at the interval and conceded a further try before hitting back with a good try by UWIC wing Nick Jones that Cardiff fly half Nicky Robinson converted.
However, Australia scored two more tries to wrap up a convincing victory.
GB7s women left their England base to train in Wales this week. Olympic Games hopeful Rachael Burford gives WRU TV's Graeme Gillespie her thoughts on Welsh teammate Jasmine Joyce - a 'one touch wonder'
The GB7s women's squad is currently training at Wales' Centre of Excellence where assistant coach Richie Pugh tells WRU TV's Graeme Gillespie some 'tough calls' will have to be made when it comes to finalising the 12 spots for Rio's Olympic Games.
Wales U20's Billy McBryde is looking forward to starting his first game against New Zealand this afternoon in the World Rugby U20 Championship where his side are looking to gain revenge from last week's pool defeat to the Kiwis.