has been 6 weeks since last market sensitive announcement .. hasnt been much 'drifting down'. I think your observation was right with the old wbt, as there was soooo long between milestones, but I think we are working with a new beast now. there is an estimated 10 market sensitive announcements expected this year. there are multiple oars in the water with aky water, commercialisarion, tier 1s, 22nm progress, discreet . . plus ongoing tech enhancements. that breadth will create higher frequency of abbouncments. with that sort of frequency, i would not be banking on the drift down that the old wbt endured and that is what we have seen the last 6 weeks.
some pullback after big gains of last few mths might be on cards but shown several times and as recentoy as last fri as soon as it drifted down a little the big buyers and insto buys both started gobbling up supply . . and i feel they will do again if there is any pullback. .
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Last
$2.00 |
Change
-0.040(1.96%) |
Mkt cap ! $377.8M | |||
| Open | High | Low | Value | Volume |
| $2.03 | $2.08 | $2.00 | $1.182M | 583.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 61665 | $2.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.03 | 807 | 1 |
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| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| WBT (ASX) Chart |