Just because some high-profile individuals / companies have invested in WBT doesn't make it 'viable'. I really can't stand when people use this argument to justify the investment worthiness of a company. That is especially true in an excessive market liquidity environment. Elizabeth Holmes' Theranos attracted some really big names as well, from Rupert Murdoch to the Walton Family (Walmart), and we all know how that ended. Now I am not saying that WBT is Theranos, but it does seem like a pump and dump, and that's not even the first time it happens with this particular stock. Happy to be wrong.
Pump and Dump Prosecution, page-4
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Last
$2.51 |
Change
0.030(1.21%) |
Mkt cap ! $474.1M | |||
| Open | High | Low | Value | Volume |
| $2.52 | $2.58 | $2.50 | $1.029M | 404.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1855 | $2.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.54 | 614 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| WBT (ASX) Chart |