You are on the money Wazzie
The shorters will try and keep the share price around these levels, or even a bit lower till close of business Friday
No doubt the shorters have an arrangement already with the index funds who will be releasing stock to buy them out.
Unless another buyer comes in and/or WBT makes a positive announcement it shouldn't be hard for shorters to keep the price down
From next week on it is a new ball game
The players who have been shorting may move to the other side of the ledger as they did prior to WBT entering the ASX300 and subsequently the ASX200 some many moons ago
WBT Chart, page-252
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Last
$1.88 |
Change
-0.015(0.79%) |
Mkt cap ! $354.2M | |||
| Open | High | Low | Value | Volume |
| $1.89 | $1.92 | $1.84 | $727.0K | 388.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 680 | $1.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.88 | 2486 | 1 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| WBT (ASX) Chart |