Those of us who sold in the high $8's are not suprirsed at all by the pullback. This is what spec stocks do. They're volatile. The trick is to not "fall in love" with them and pin all your future hopes and dreams to them.
I bought probably hack of my parcel back at ~$5 and will buy the rest at sub-$4 if that eventuates. I've ridden enough stocks up and down that I was very happy to sell at ~$8.60 for a signficant profit, even though I still beleive WBT has a long and prosperous future ahead of it.
Something else you can't trust is the market, so if you can take those profits, or at least your investment so you can free carry, then you essentially insulate yourself from catastrophe at the hands of the market.
Ann: Equity Raising Investor Presentation, page-213
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Last
$2.55 |
Change
0.120(4.94%) |
Mkt cap ! $481.4M | |||
| Open | High | Low | Value | Volume |
| $2.49 | $2.65 | $2.46 | $3.607M | 1.405M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8185 | $2.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.55 | 14261 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| WBT (ASX) Chart |