Nooooooo, the market does not believe what company is saying, otherwise you would have interest, interest = volume.
The trading is not at the levels previously. The hype has worn off as it has with BRN and 4DS.
A half cup and handle is as good as an indicator as pissing in a cup in the dark and wind, it could go anywhere.
RSI and MACD are simply indicative of an overall sentiment, both are extremely low. Does that mean they turn up instantly? Of course not.
Hype away but don’t get over sensitive to comments/posts that contradict mistakable claims. The claims being made from some are near paranoia and hopeful yet not fully realised.
WBT have a long way to go before they reassure the market, that is fact. Sideways and down ways is my call to a slight premium of CR, $1.80ish, more nothing from the company $1.48 and below. That is the current trend my friend.
Charts, page-2082
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Last
$2.51 |
Change
0.030(1.21%) |
Mkt cap ! $474.1M | |||
| Open | High | Low | Value | Volume |
| $2.52 | $2.58 | $2.50 | $1.029M | 404.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1855 | $2.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.54 | 614 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| WBT (ASX) Chart |