Presumably, all the asx 200 companies with WBT shares will now ask for them to be returned from their shorters. Probably a fair slug of the shorting % currently taken out. At least that should reduce the numbers of shorters of WBT, which will be a huge relief because they've been an absolute pain in the ass for the stock over the past year. When we get the next series of Foundry/IDM signings and rising revenues/fees, WBT will be a much stronger company on paper, when the SP rises and it re-enters the 200. I can't see the shorters having the same impact on the SP a second time around. So the worst of the shorting may now be behind us.
All IMHO, DYOR
Ann: S&P DJI Announces March 2024 Quarterly Rebalance, page-4
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Last
$1.84 |
Change
-0.040(2.13%) |
Mkt cap ! $347.6M | |||
| Open | High | Low | Value | Volume |
| $1.87 | $1.87 | $1.82 | $607.6K | 331.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1500 | $1.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.85 | 1733 | 4 |
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| Last trade - 13.51pm 18/09/2024 (20 minute delay) ? |
| WBT (ASX) Chart |