In reality, this stock is a traders dream at the moment.
The stock / company needs to show evidence of a revenue stream and maybe a consolidation of the share register before this type of trading pattern is harder to execute.
For the new participants that want to buy this stock, the 3 cent range is where you want to put your buy order.
There must have been a leak with the pending announcement as there was a lot of punters that got set on the knock on Friday. Is this the first time this has happened with WBT? as I cannot remember a sudden surge in the share price before an announcement. Correct me if I am wrong.
Broker Data, page-12
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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 |