I see no reason to see this as "obvious" selling on the basis of this news. What, in your view, does Fred Bart bring to WBT other than fulfilling their obligation to have 2 Australian directors that would explain this being a reason to sell? As you can see from other comments in this thread, Fred is not universally loved by investors in WBT. So, now, to make this "obvious" connection you would need to add some reasoning that will be only speculation on your part, unless you have insider information yourself. I'm sure people will be arriving shortly with their "Fred knew something" conspiracies.
Edit: this was a reply t@PerSeus123. The quoted text was there when I hit submit, but HC will do its thing, I suppose.
Ann: Fred Bart to resign from his role as Independent Director, page-28
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Last
$2.61 |
Change
-0.250(8.74%) |
Mkt cap ! $492.2M | |||
| Open | High | Low | Value | Volume |
| $2.77 | $2.78 | $2.61 | $3.671M | 1.374M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 11892 | $2.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.65 | 14132 | 3 |
View Market Depth
| Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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Last
$2.61 |
Change
-0.250 ( 5.90 %) |
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| Open | High | Low | Volume | ||
| $2.76 | $2.78 | $2.61 | 256347 | ||
| Last updated 15.59pm 13/05/2024 ? | |||||
| WBT (ASX) Chart |