not entirely correct. If we are in a stock relying on constant News pump to stay afloat then its more for the short term investor. Those gains are not sustainable
WBT is at a mature stage where LT investor have taken their position already and just patiently wait for the BIG News to eventuate one after another.
WBT is prob not ideal for those short term trader right now as we know no significant news will likely to come until June .
No doubt when we come close to June I would expect some buying back in to happen in anticipation of news release from those short term riders.
Believer and LT will sleep sound every night , those with doubts will or have exited already.
This is the chill phase.
AIMO
Charts, page-2086
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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 |