So MUFJ have been buying WBT shares on market, but also borrowing shares. The only reason I know to borrow shares is to either look how beautiful they are or sell them (i.e. short).
In a vacuum, If everyone just bought shares as they become aware of .WBT, the share price would float higher. By applying some shorting pressure, the WBT SP has a kind of gravity to stop it going to the moon. Just my financial pseudoscience.
So is MUFJ are buyer and a shorter? The purpose of the shorting is to ensure they can acquire shares at a good price. Anyone know how I should interpret this?
- Forums
- ASX - By Stock
- WBT
- Ann: Becoming a substantial holder from MUFG
Ann: Becoming a substantial holder from MUFG, page-10
-
- There are more pages in this discussion • 64 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WBT (ASX) to my watchlist
|
|||||
Last
$2.30 |
Change
-0.050(2.13%) |
Mkt cap ! $438.2M |
Open | High | Low | Value | Volume |
$2.36 | $2.36 | $2.30 | $1.170M | 503.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5281 | $2.30 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.31 | 5183 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 443 | 2.300 |
14 | 51147 | 2.290 |
9 | 39503 | 2.280 |
8 | 25703 | 2.270 |
7 | 86230 | 2.260 |
Price($) | Vol. | No. |
---|---|---|
2.310 | 4111 | 12 |
2.320 | 5979 | 6 |
2.330 | 3301 | 4 |
2.340 | 34635 | 4 |
2.350 | 315 | 1 |
Last trade - 15.53pm 05/07/2024 (20 minute delay) ? |
Featured News
WBT (ASX) Chart |