I think all the comments show that no one understands shorting and why.
Perhaps its a simple as WBT is over valued.
Remember we were trading at a high of $9’s and between $6 and $7.5 there for a while.
Todays MC is about $850M and $4.60.
Step back and think about it. No customers, no revenue.
WBT product have also been readily available for months through skywater.
I expect this to trend back into the $3 range, perhaps low $3’s and circa $600MC unitl such time as revenue starts to justify a higher valuation
Ann: Becoming a substantial holder, page-40
-
- There are more pages in this discussion • 76 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
$2.35 |
Change
0.020(0.86%) |
Mkt cap ! $443.9M | |||
| Open | High | Low | Value | Volume |
| $2.41 | $2.45 | $2.34 | $1.597M | 671.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1898 | $2.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.37 | 20000 | 1 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| WBT (ASX) Chart |