There is a lot of talk on this forum bemoaning the current SP of Weebit. I would like to inject some perspective:
This is a chart of the SP from just after RAD announced the planned reverse take-over of WBT, up to the present. As someone who has held the stock for the entirety of this period, I can say that the current SP is not low in historical terms. It is 10 times the price of 18 months ago, which I for one am very pleased about, as back then I was sitting on about a 60% loss. In fact for at least half the time I have held WBT I have been sitting on a loss.
How do you objectively assess the value of a stock like WBT?
It is certainly a very good bet IMO, but I wouldn't pretend to know it's 'true' value. It is not something that is knowable.
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Weebit - 2022 and beyond, page-8
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Last
$2.26 |
Change
0.090(4.15%) |
Mkt cap ! $471.0M |
Open | High | Low | Value | Volume |
$2.18 | $2.27 | $2.10 | $1.511M | 686.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 6590 | $2.22 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.27 | 13951 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1450 | 2.220 |
1 | 2000 | 2.210 |
2 | 2200 | 2.200 |
1 | 459 | 2.190 |
1 | 300 | 2.170 |
Price($) | Vol. | No. |
---|---|---|
2.270 | 13951 | 3 |
2.280 | 18295 | 5 |
2.290 | 6515 | 2 |
2.300 | 21428 | 7 |
2.310 | 2400 | 1 |
Last trade - 16.10pm 21/07/2025 (20 minute delay) ? |
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WBT (ASX) Chart |