Your rationale is fine Tong.
I am a LT Holder but can still see price movement down somewhat with profit taking resulting from cash raising.
Believe there is strong underlying support and there will be solid buying if price retreats to range $1.70 to $1.90.
The cash raising not only enables WBT to accelerate its program with minimal dilution, but gives those wishing to enter or add to holdings a good entry price level based on where WBT is at.
A heavily over subscribed SPP and next meaningful announcement (Eg Fab collaboration) should put the share price on a solid upward trajectory
Likely positive news flow in Dec
Your rationale is fine Tong.I am a LT Holder but can still see...
Add WBT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.06 |
Change
-0.110(3.47%) |
Mkt cap ! $577.1M | |||
| Open | High | Low | Value | Volume |
| $3.20 | $3.21 | $3.03 | $1.196M | 386.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 21368 | $3.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.06 | 3031 | 1 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$3.07 |
Change
-0.110 ( 2.75 %) |
||||
| Open | High | Low | Volume | ||
| $3.22 | $3.22 | $3.03 | 72319 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| WBT (ASX) Chart |