The manipulation theme begins in earnest
Seriously people; shorts are only going with the downward flow. They can't win when a stock has buyers.
It's going down because important announcements are very late and getting later by the day.
Even if those announcements drop now the market knows that the embedded market is small; around a billion and only $2.7b by 2028.
Even if we get half of the market 1.5% is a small number. Don't forget revenue takes over a year to start once customers sign.
Was always going to drop shorts or not. I posted my reasoning when we were at $7ish.
Could go down a lot further before the discreet stuff happens.
Running discussion on SP, page-5370
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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 |