As a young person there is defiantly time to accumulate. I myself secured both CSL and CBA in Government floats some years back. My regret is I sold both about 6 months after they both listed. CSL are up 11,384% today. I am sure that there many older persons on this forum that have the same regret. It was not obvious back then that they would rise so much, but WBT has all the signs IMO that they will soon be the "darling" of the ASX for years to come. Why are so many old codgers invested in WBT is because with time they have learnt from mistakes how to spot a future winner and hold and not sell.
This is not financial advice it is more of a history lesson.
https://www.intelligentinvestor.com.au/shares/asx-csl/csl-limited/float
Weebit - 2023 and beyond, page-106
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Last
$2.55 |
Change
0.120(4.94%) |
Mkt cap ! $481.4M | |||
| Open | High | Low | Value | Volume |
| $2.49 | $2.65 | $2.46 | $3.607M | 1.405M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8185 | $2.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.55 | 14261 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| WBT (ASX) Chart |