You have to remember at this point retail is done, most people who bought in the 7's, 6's, 5's (including instos during the raise) are all out.
They are capitalizing on the lack on volume. We were doing 1m+ a day now its lucky to be 500k, even 20% shorting per day will drop the price. Until some buyers turn up to match the shorting the price will keep getting walked down until they are good to get out.
Buying catalyst could be as simple as any material announcement.
Running discussion on SP, page-8905
Add WBT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.01 |
Change
-0.050(2.43%) |
Mkt cap ! $381.3M | |||
| Open | High | Low | Value | Volume |
| $2.08 | $2.10 | $1.96 | $896.2K | 442.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 34 | $2.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.02 | 3273 | 1 |
View Market Depth
| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| WBT (ASX) Chart |