Don't forget that Regal has a finite supply of shares, around 12 million now. Would they risk selling all their shares at the bottom & buy them back at a higher price? Think about it.
WAY 2 VAT LTD. (ASX:W2V) - Ann: Change in substantial holding, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
Also, remember Regal could buy up hard in any high volume days, that could give them more ammo at the top to push it down, if the speculation by others around here is accurate.
WAY 2 VAT LTD. (ASX:W2V) - 2022 W2V general discussion, 61435419, page-107 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
I wouldn't get caught up in FOMO!
Fifty-five million shares is the supply, if none of the T20 dump. If they did, that would only increase the number of shares by a few 10s of millions. Look at how quickly the registry drops off. The top 8 have the vast majority of shares, it then quickly drops off into the single digit millions. Picking up a few hundred thousand shares at 5 cents would make you a significant stakeholder in W2V. Not investment advice!
Remember, some of the board is in Top 20 as well. Would they dump their entire holdings?
WAY 2 VAT LTD. (ASX:W2V) - 2022 W2V general discussion, 61543505, page-133 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
WAY 2 VAT LTD. (ASX:W2V) - 2022 W2V general discussion, 61535516, page-130 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
WAY 2 VAT LTD. (ASX:W2V) - Ann: W2V Smart Spend Debit Mastercard - Initial rollout update, 61645861, page-32 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
Look at the volume in the past. Theoretically, Regal could have dumped & then bought back their entire holdings.
They started with 19 million, they now have 12 million.
WAY 2 VAT LTD. (ASX:W2V) - Ann: Top 20 Holders, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
It takes time to build a customer base, as more & more customers join that will lead to more revenue & profits. It's a waiting game around here, you can't expect companies to pull in 100s of millions in revenue within the first 12 months of listing. W2V is growing & continues to grow with a 97% retention rate.
WAY2VAT - ONE CLICK TO CLAIM
You will never have 100% retention. Some companies just go out of business, their transaction volume is not high enough to support the costs of the product or the company no longer operates where VAT/GST reclaims are made.
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.122M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.9¢ | $1.267K | 140.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 7366199 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 209183 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 7366199 | 0.008 |
4 | 2636512 | 0.007 |
2 | 416666 | 0.006 |
2 | 900000 | 0.005 |
1 | 500000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 209183 | 1 |
0.010 | 6223436 | 9 |
0.011 | 13119544 | 8 |
0.012 | 4137960 | 9 |
0.013 | 2638229 | 4 |
Last trade - 11.32am 26/09/2024 (20 minute delay) ? |
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