"Once every three months on behalf of the ASX, S&P Dow Jones Indices checks to see that the 200 companies listed on the S&P/ASX 200 are still the largest 200 by market capitalisation and if not, they switch the companies around to reflect that".
Im not down ramping, but to a new investor or any of the larger companies that have invested in WBT this doesn't look good. Coby has always delivered but the "Aussie household name" announcement is late.
The only thing that will turn the tide is a big announcement.
Until the rebalance date we will have some selling pressure due to funds selling out. The shorters will take advantage of that.
Ann: S&P DJI Announces March 2024 Quarterly Rebalance, page-49
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Last
$2.24 |
Change
-0.010(0.44%) |
Mkt cap ! $426.6M | |||
| Open | High | Low | Value | Volume |
| $2.28 | $2.34 | $2.23 | $1.050M | 463.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12771 | $2.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.27 | 12981 | 2 |
View Market Depth
| Last trade - 16.10pm 18/06/2024 (20 minute delay) ? |
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Last
$2.26 |
Change
-0.010 ( 0.27 %) |
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| Open | High | Low | Volume | ||
| $2.29 | $2.33 | $2.23 | 69924 | ||
| Last updated 15.59pm 18/06/2024 ? | |||||
| WBT (ASX) Chart |