Of course it has the possibilty to be sold down, any dummy can see that.
But it also has the possibility that it won't after seeing the strength above $2.
we might find the buyers will be happy to chomp anything the flippers are willing to flip.
Now for a soph to take 20% you will be looking at $2.04 which was the price on Thursday pre market before the buyers drove it up $2.26.
I doubt we will see it below $2.10 and possibly finish the day well in the green.
Another thing worth noting is Friday finished over 10c above vwap.
The smarts will be all over the above points and seeing that the stock is as tight as it is absolutely anything could happen.
Ann: Trading halt, page-455
-
- There are more pages in this discussion • 29 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WBT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.52 |
Change
-0.010(0.40%) |
Mkt cap ! $476.0M | |||
| Open | High | Low | Value | Volume |
| $2.54 | $2.60 | $2.50 | $751.4K | 294.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12841 | $2.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.54 | 1700 | 1 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| WBT (ASX) Chart |