WBT / Coby Hanoch have stated in their presentations that to develop this type of technology is takes time / years.
The share market always takes a very short term view, so in the interim I believe that the brokers / day traders will trade the guts out of this stock.
WBT state that there is still 3 to 4 years away from generating $$$ from their intellectual property so seeing large capital gains from today's share price in the short term is unpredictable and not a given.
As for 4DS it is possible traders are getting set to sell into news / announcement that is possibly due in the near future
Ann: Investor Presentation - August 2018, page-33
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Last
$2.46 |
Change
-0.040(1.60%) |
Mkt cap ! $476.0M | |||
| Open | High | Low | Value | Volume |
| $2.54 | $2.55 | $2.44 | $538.4K | 213.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11982 | $2.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.48 | 5052 | 10 |
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| Last trade - 11.34am 10/07/2024 (20 minute delay) ? |
| WBT (ASX) Chart |