The share price is governed by supply and demand! Those who are will to buy at a particular price and those willing to sell. It is not determined directly by revenues or the such like. The revenues and the operations of the company and also the BOD behind the company make it very attractive to buy and that forces serious investors to have to pay more per share and drives the SP higher.
You have to remember that trading shares actually has no effect on the companies operating balance sheet as you are not actually trading with the company but either buying or selling to another shareholder of that company. The company increases it's MC when it carries out a capital raise and issues more shares.
The share price is governed by supply and demand! Those who are...
Add WBT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.55 |
Change
0.120(4.94%) |
Mkt cap ! $481.4M | |||
| Open | High | Low | Value | Volume |
| $2.49 | $2.65 | $2.46 | $3.607M | 1.405M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8185 | $2.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.55 | 14261 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| WBT (ASX) Chart |