was thinking the same @Dewfrogs. multiple attempts to push below 2 . . amd on one of those occasions someone stuck that 70k share sell up as a bit of a psych out . . and boom taken out in a single trade.
shorts must be thinking . . mmm what is our upside here . . maybe we could push back to the 1.90s . . 1.80s maybe. 1.50 if commercialisation delayed. so a 25% return as best case. question i would ask is. what is liklihood of prive sensitive annpuncement and price rappidly gapping up to 2.50 . . 3 . . 3.50. . and then looking at a 25%, 50% 75% loss imo that latter far more likely than the former.
Ann: WBT completes design and tape-out of embedded ReRAM module, page-80
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Last
$2.02 |
Change
0.010(0.50%) |
Mkt cap ! $387.0M | |||
| Open | High | Low | Value | Volume |
| $2.03 | $2.05 | $2.01 | $108.5K | 53.52K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 6974 | $2.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.04 | 8624 | 5 |
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| Last trade - 10.59am 08/10/2024 (20 minute delay) ? |
| WBT (ASX) Chart |