As my humble opinion, the first revenue gives the market how big would be the revenue in, like, 2024 or 2025.
In this way, traders can guess the market cap of this company in a 2 or 3 years period. I mean, are we talking about a 10B company in 2025, or a 2B company in that year?
In short, the first revenues, which we already know are small and insignificant, are like scale and guide the market about the size of WBT in the next 2-3 years. And in this way, the share price may exit this wandering SP pattern and start its next trend.
As my humble opinion, the first revenue gives the market how big...
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Last
$2.30 |
Change
0.000(0.00%) |
Mkt cap ! $433.8M | |||
| Open | High | Low | Value | Volume |
| $2.29 | $2.33 | $2.27 | $1.066M | 463.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 16723 | $2.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.33 | 8235 | 3 |
View Market Depth
| Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Last
$2.30 |
Change
0.000 ( 0.12 %) |
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| Open | High | Low | Volume | ||
| $2.28 | $2.33 | $2.27 | 96365 | ||
| Last updated 15.59pm 30/05/2024 ? | |||||
| WBT (ASX) Chart |