WBT 0.43% $2.30 weebit nano ltd

Hi all, I'm wondering what peoples thoughts are on how WBT might...

  1. 133 Posts.
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    Hi all, I'm wondering what peoples thoughts are on how WBT might run on another commercial/fab agreement announcement (from a charting perspective)?

    The Fab announcement created a massive spike at open with a closing price below open followed by a progressive drop to close the gap. The prior run into the 4's was a more measured albeit very strong over ~5days which was fairly consistent with increases that occurred from 30c.

    Was the trading halt and resulting gap the reason for the difference in the share price action?

    Reason I ask is at the time I was expecting the Fab news to create a new base in the high 3's before a similar ~5day rise (I wasn't expecting the consolidation to begin day 2).

    Cheers
 
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