They failed to mention that someone with deep pockets has shorted the shite out of the stock.
In the past l struggled to see how a company forecasting +20% EBITDA growth in FY20, can be the 13th most shorted stock on ASX.
https://www.shortman.com.au/stock?q=WEB
What this confirms, there's is another game at play. Keeping the price low via shorting the stock is big part of that.
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Last
$4.55 |
Change
0.020(0.44%) |
Mkt cap ! $1.644B | |||
| Open | High | Low | Value | Volume |
| $4.55 | $4.69 | $4.48 | $15.27M | 3.335M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 13461 | $4.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.59 | 13461 | 3 |
View Market Depth
| Last trade - 16.10pm 25/06/2025 (20 minute delay) ? |
| WEB (ASX) Chart |