i could list many reasons why it was smart . . and explain how the headline discount that many are quoting is skewed by Friday's rise . . and . . well i could go on and on
but at the end of the day what is the market saying? if your views were right the share price would be $1.70. the market is absorbing anything that gets offered up under 2.10 like a giant vacuum cleaner. just half mil shares and options combined traded in 2 hours. the supply is super tight.
i have to admit though i am very biased with the 'are mgmt good stewards of my capital' as they have turned 300k into 1.5mil for me in approx 3 mths . . and i truly do expect them to go 5 x over next 12 mths from here.
full cash position including options exercise is 30 odd mil . . do i trust mgmt to use that well .. . thats a big yes from me!!
if your fears are still focused on the discount i would encourage you ti take 10 steps back and look at the board . . the product . . the market need/opportunity . . China multi billion focus on semi conductors .. again could list 5 things to focus on that jf you did what you woukd see was a company with a 300m mkt cap . . fully funded . . on very of bringing world changing tech to market. focus on that and not you little 'but there was a discount' mentality and yiur mindset will totally shift.
even . . devils advocate . . they did mess up.and gave an exta 20c discount. my one and onpy question. what do you feel wbt could be valued at in 3 yrs . . are you in or out?
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Last
$3.16 |
Change
0.220(7.48%) |
Mkt cap ! $596.0M |
Open | High | Low | Value | Volume |
$2.96 | $3.16 | $2.96 | $1.975M | 647.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3896 | $3.13 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.16 | 2763 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3896 | 3.130 |
2 | 3664 | 3.110 |
3 | 2550 | 3.100 |
1 | 1832 | 3.090 |
5 | 11128 | 3.080 |
Price($) | Vol. | No. |
---|---|---|
3.160 | 2763 | 1 |
3.170 | 9942 | 2 |
3.180 | 10262 | 4 |
3.200 | 7503 | 4 |
3.230 | 6164 | 1 |
Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
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Last
$3.12 |
  |
Change
0.220 ( 5.85 %) |
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Open | High | Low | Volume | ||
$2.98 | $3.14 | $2.97 | 91775 | ||
Last updated 15.59pm 29/04/2024 ? |
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WBT (ASX) Chart |