Nice work to everyone that has stuck this out, I'll admit now that I cashed out to buy a house and I'm now putting money back in, sorry to other LT holders but we all saw it coming.
I'm very surprised how hard the shorters pushed this down but it appears those stale sells are expiring and making the buy/sell look much more appealing.
To those downrampers (some of which are very obviously hired by or are the shorters) nice work on your accomplishments but it's time to rise and you can have another go soon enough.
I think shorting in the near future and a bit short sighted and good luck to you but you may get burned. a couple majors to keep in mind.
- WBT is currently undervalued
- Market valuations may be a bit high but I still think they're very reasonable valuating at above $4
- WBT is making money from this agreement and I've seen acouple people claiming a raise is coming in, I really don't see any justification for those claims.
- It makes sense for WBT to establish contracts in the near future with simple clauses such as "qualification process is successful"
- Realistically with everything happening those contracts could be happening very soon, admittedly I don't think the team are too worried about rushing them but if something good comes up I'm sure they'll take it.
Goodluck to all holders for the rollercoster of the next 9months
pick the bottom, page-10
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Last
$2.27 |
Change
0.050(2.25%) |
Mkt cap ! $419.6M | |||
| Open | High | Low | Value | Volume |
| $2.25 | $2.30 | $2.19 | $959.9K | 428.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 442 | $2.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.28 | 5722 | 6 |
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| Last trade - 13.07pm 08/11/2024 (20 minute delay) ? |
| WBT (ASX) Chart |