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Ann: S&P DJI Announces March 2024 Quarterly Rebalance, page-32

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Ignattious

1,386 Posts.

367

02/03/24

17:04

Post #: 72712591
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Originally posted by flight11: ↑

Thanks @Harmattom. My remaining concern is whether the shorters have already been accumulating large numbers of WBT shares at cheap prices and have held them in perhaps several names of possibly related entities. If so, they can now use these holdings to satisfy the lenders' calls for return of the borrowed shares and thus the buy back of shares on market could be minimised.

We will never know, of course, but it seems evident that the shorting activity that forced the share price down would enable such accumulation.

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This is exactly what's going on, but his point remains the same.

Nothing changes if you believe in the long term success of the company.

WBT Price at posting: $4.21 Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last $2.22		Change -0.020(0.89%)		Mkt cap ! $418.7M

Open	High	Low	Value	Volume
$2.26	$2.27	$2.22	$894.0K	398.9K

Buyers (Bids)

No.	Vol.	Price($)
8	68577	$2.22

Sellers (Offers)

Price($)	Vol.	No.
$2.24	1967	1

View Market Depth

No.	Vol.	Price($)
8	68577	2.220
6	11675	2.210
20	37660	2.200
6	51483	2.190
3	18500	2.180

Price($)	Vol.	No.
2.240	1967	1
2.250	1800	1
2.270	800	1
2.280	10000	1
2.300	22461	2

Last trade - 16.10pm 05/06/2024 (20 minute delay)


Last $2.23			Change -0.020 ( 0.92 %)
Open	High		Low	Volume
$2.25	$2.27		$2.22	67275
Last updated 15.59pm 05/06/2024 ?

WBT (ASX) Chart

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