Ann: Response to ASX Price Query, page-75

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jamblobby

232 Posts.

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23/03/23

11:45

Post #: 66919070
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Originally posted by rockofgib: ↑

Extremely disappointed with WBT and particularly Coby - Ill be writing later to pass on my sentiments.

After the debacle only last month - again WBT finds itself in an compromised situation, once careless, twice well.........

The contrived plummet yesterday and in recent trading days, one could suggest is partly attributable to an overheating in the share price, but clearly WBT knew they were undertaking a CR, and so did the other parties involved - and then who else knew......? The trades yesterday, and in the lead up, need investigating, retail would not hold enough to impact, so we're down to which brokers acting on behalf of those larger stock holders/traders - probably take about half an hour in excel to work out. And then we have our friend, Mr Blobby, on here in the lead up telling us he was shorting WBT as the number of shorts outstanding grew - it was known. If the current CR is impacted by the recent actions - I have no doubt it will be, then it needs scrapping, and start again at another point.

If you want to be in the ASX300, start acting like it - not a start-up Kalgoorlie gold explorer.

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To make it clear - I speculated about the raise. Every trade I make is pure speculation. I have seen it time and time again. I detailed my short thesis, which included the possibility of a raise based upon extreme share price acceleration, inclusions, and a US roadshow (which I think I said was a red flag to me - shopping for $$ maybe?). I think I even said it would be silly of them not to raise. They actually took their time doing it if you ask me.

WBT Price at posting: $5.54 Sentiment: None Disclosure: Not Held
15 Upvote

1 Great analysis

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