A few personal thoughts (not advice in any way):
1. I don't believe the number of shorters has increased for a while, the numbers seems to bounce in the 4.6 - 4.9% range which suggests that there are no more shares available to lend to shorters OR the fee to lend shares to shorters has gotten too high.
2. I think the market is expecting to see some revenue in the Sep 4C and if none appears, I believe the SP will get clobbered.
3. There will be many funds who have set mandates to either hold or not hold ASX200 shares and there will be a trading frenzy by these funds to rebalance by 18/09 when WBT enters the 200
4. I don't anticipate any serious SP growth this year but I do expect a steady climb over the next few years provided the company signs deals and continually receives increasing revenue
As many other LTH here, I have not enjoyed the past few months watching the SP take a big hit when fundamentally nothing within the company has changed (as far as us public are aware). I still very much believe in the product and the company and I am trying to block out the noise and focus on the bigger picture. Controlling emotion when investing is not easy....
- Forums
- ASX - By Stock
- WBT
- Ann: Becoming a substantial holder from MUFG
Ann: Becoming a substantial holder from MUFG, page-55
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WBT (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.06 |
Change
-0.050(2.37%) |
Mkt cap ! $390.8M |
Open | High | Low | Value | Volume |
$2.12 | $2.19 | $2.04 | $1.797M | 856.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 5840 | $2.06 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.09 | 4700 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 2.050 |
1 | 5000 | 2.040 |
1 | 14500 | 2.010 |
5 | 23750 | 2.000 |
4 | 11642 | 1.990 |
Price($) | Vol. | No. |
---|---|---|
2.120 | 470 | 1 |
2.130 | 16000 | 1 |
2.150 | 15000 | 1 |
2.160 | 25500 | 3 |
2.170 | 12000 | 2 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
Featured News
WBT (ASX) Chart |