You only need to compare the Skywater price sensitive announcement with this "non price sensitive " announcement to understand why it's driving him nuts. Coby is an honest person and probably doesn't believe their could be a problem with the ASX's neutrality in these matters.
Skywater Ann- Price $2.82 , Opened $4.18 , High $4.47, Closed $3.57. Volume 10 million.
DB HiTek Ann - Price $3.11, Open $3.30, High $3.55, Closed $3.32. Volume 2.6 million.
Whilst the Skywater announcement being the first fab was always going to be significant for WBT that announcement probably led to an overreaction that ultimately led to a retreat to $2.46 3 weeks later.
The DB Hitek signing is orders of magnitude bigger than Skywater. What reason could the ASX have for deciding to ignore the company's request and downgrade to non price sensitive. What is the difference from 2021 to now. The only difference from a market perspective is the ASX 200 inclusion and a massive institutional short position. The numbers don't lie.
One could almost make a case on just the numbers alone that perhaps someone is being protected and it is not WBT or its retail investors that's for sure. As Australia slides down the most corrupt financial markets list this just adds to that look.
ASIC are you paying attention or still protecting the ASX.
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