So there haven't been any posts here in over a week... it finally looks like the selling may be done?!
Bell Potter clients have unfortunately destroyed the share price over the past month and a bit (see broker data below)... over 31 million shares dumped on market out of the blue! I'm assuming these are all 2 cent placement shares but I don't get why they didn't distribute them in the high volume pump to 5 cents! It's very strange how they suddenly start distributing so intensely so long after the placement and 5 cent pump.
We would have been trading at least around 3 cents for the past month if not for the Bell Potter selling IMO. They have brutally sold a bit over 5% of the shares on issue into very little volume, meaning the price was severely constrained.
I think Hartleys buying so much on market is a very good sign as they are renowned for distributing placement stock and I very rarely see them buying on market. They are also ostensibly on good communication terms with the WSI directors after being lead manager for the last placement.
Anyways, hopefully onwards and upwards from here with a quarterly next week that sets WSI up for a big 2020!
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Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.13M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 326000 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 249999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 326000 | 0.115 |
2 | 234030 | 0.110 |
3 | 153000 | 0.105 |
2 | 535000 | 0.100 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 249999 | 1 |
0.125 | 100000 | 2 |
0.130 | 120000 | 2 |
0.135 | 102029 | 3 |
0.140 | 150859 | 1 |
Last trade - 16.12pm 18/09/2024 (20 minute delay) ? |
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