WBT 4.94% $2.55 weebit nano ltd

Running discussion on SP, page-44

  1. 1,393 Posts.
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    So that puts you in the top twenty yes? Great effort, wish I was in that league.

    Just on the major holders, this co is still the people’s stock with the top twenty only accounting for about 20% of soi with limited insto involvement….yet…with day to day fluctuations driven almost exclusively by retail. Of course Metav are there but mega fundies like State Street and a few others only have a token amount and the big end of town has yet to pull the trigger. Imo this represents opportunity with the sp still on the tarmac. You’ve got to think that the threshold point for bigger industry players is soon to be reached - it’s just logical progression.

    If one compares the register to a company like BRN where in recent times Blackrock (and others) has taken sizeable chunks (that’s 34+ million shares) and will most likely keep up the accumulation, I foresee the same pattern occurring at WBT - that as its story transitions from the theoretical into what we are witnessing more and more of late, into reality - the big end of town has to start taking a serious interest, it’s just what markets do. And considering how many fewer shares wbt has to brn - around 180m to 1.7B, once competing global instos decide to start buying in earnest, then imo the subsequent sp rise will be truly be something to witness.
 
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Last
$2.55
Change
0.120(4.94%)
Mkt cap ! $481.4M
Open High Low Value Volume
$2.49 $2.65 $2.46 $3.607M 1.405M

Buyers (Bids)

No. Vol. Price($)
3 8185 $2.53
 

Sellers (Offers)

Price($) Vol. No.
$2.55 14261 2
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
WBT (ASX) Chart
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