True, but that leaves them twice as exposed. What happens if we go into another trading halt announcing the first paying customer, or a large insto decides to take a position and just starts buying big chunks (most volume appears to be retail). There's not a lot of volume on screen below about $4.20. HIgh risk, but could pay off for them if they get lucky.
Short data on WBT, page-213
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 (20min delay)
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Last
$2.31 |
Change
-0.010(0.43%) |
Mkt cap ! $436.3M | |||
| Open | High | Low | Value | Volume |
| $2.32 | $2.35 | $2.30 | $611.1K | 262.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 29735 | $2.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.33 | 2938 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| WBT (ASX) Chart |