In laymans terms.
Shorters are prepared to put their money up that the price will go down compared to the number of future investors that believe the price will go up at the current point of time.
If their were more serious investors for wbt it would be well and truely above the current price and no shorters here.
Talk of shorter’s covering has been ongoing for a while. All comments have been proven unfounded as far as I can see.
Remember it the year for WBT , and a banner year though, a big breakout year as others have mentioned.
Shorter volume is a good source of information. It may not be popular, but worth taking note of
Charts, page-4046
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Last
$2.50 |
Change
0.080(3.31%) |
Mkt cap ! $472.2M | |||
| Open | High | Low | Value | Volume |
| $2.42 | $2.54 | $2.41 | $1.358M | 543.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4262 | $2.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.52 | 27000 | 2 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| WBT (ASX) Chart |