It would appear that a large shareholder has exited his position in WMI after the results & dividend was announced.
Buying WMI in low $1.40s would appear to be a very sound investment. The market price for WMI fell 12 cents in a about 25 minutes shortly after the opening of trading this morning. If the price gets any lower it will be an absolute bargain.
Some solid buying orders are starting to appear & the downward momentum looks like stalling.
Which WAM stock to buy?, page-13
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 (20min delay)
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Last
$1.40 |
Change
0.010(0.72%) |
Mkt cap ! $387.5M | |||
| Open | High | Low | Value | Volume |
| $1.39 | $1.40 | $1.39 | $173.3K | 124.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17230 | $1.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 34599 | 3 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| WMI (ASX) Chart |