Again, I've increased my short thanks. Trade the range a bit too (sold $53.16 and bought a little back $52.16 already today, leaving me shorter overall). I have nothing against Wisetech. Its a great company. Simply very clearly over-valued against its own forward earnings/revenue guidance. Retail investors of course know better than those silly brokers with their $30.50-46.00 valuations (and those pumped up to accommodate the trading premium).
Wisetech has withstood the US tech sell down quite well I must say. However a stock always eventually has to grow to its earnings multiples or the stock come back down to reality, tech or otherwise. Its difficult shorting a stock you once owned, hence I rarely do unless they hit silly multiples. Worked well in Afterpay, BHP, Fortiscue and RIO for me.
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Last
$93.75 |
Change
0.660(0.71%) |
Mkt cap ! $31.35B |
Open | High | Low | Value | Volume |
$94.90 | $95.12 | $93.57 | $34.62M | 368.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 506 | $93.69 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$93.75 | 530 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 506 | 93.690 |
1 | 12 | 93.500 |
1 | 5203 | 93.400 |
1 | 241 | 93.390 |
2 | 2112 | 93.330 |
Price($) | Vol. | No. |
---|---|---|
93.750 | 530 | 1 |
93.760 | 645 | 1 |
93.910 | 200 | 1 |
94.050 | 526 | 1 |
94.090 | 241 | 1 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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WTC (ASX) Chart |