Again, I've increased my short thanks. Trade the range a bit too (sold $53.16 and bought a little back $52.16 already today, leaving me shorter overall). I have nothing against Wisetech. Its a great company. Simply very clearly over-valued against its own forward earnings/revenue guidance. Retail investors of course know better than those silly brokers with their $30.50-46.00 valuations (and those pumped up to accommodate the trading premium).
Wisetech has withstood the US tech sell down quite well I must say. However a stock always eventually has to grow to its earnings multiples or the stock come back down to reality, tech or otherwise. Its difficult shorting a stock you once owned, hence I rarely do unless they hit silly multiples. Worked well in Afterpay, BHP, Fortiscue and RIO for me.
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Last
$100.30 |
Change
1.960(1.99%) |
Mkt cap ! $33.44B |
Open | High | Low | Value | Volume |
$99.29 | $100.87 | $99.12 | $56.80M | 567.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 311 | $100.07 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$100.36 | 744 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 14 | 98.000 |
1 | 2 | 97.730 |
1 | 17 | 97.000 |
1 | 103 | 96.750 |
1 | 16 | 96.090 |
Price($) | Vol. | No. |
---|---|---|
100.750 | 200 | 1 |
100.800 | 715 | 3 |
100.900 | 3000 | 1 |
100.990 | 3000 | 1 |
101.000 | 8 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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