hi Web holders,
my assessment is that the price action had a couple of things going on:
1) RBA has completely ignored the spread of virus in its latest economic outlook
2) Europe travel and tourism stocks had a great night - the previous night.
3) once we broke out of the trading zone set for the past few weeks, I felt that the shorts started to cover their positions
4) for some reason - I have a feeling Their could be some corporate activity - I think Web at this price is perfect for a takeover - again the volume was great, but not high enough as seen in takeover activity - so I maybe over analysing here
hi Web holders,my assessment is that the price action had a...
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 (20min delay)
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Last
$4.50 |
Change
-0.020(0.44%) |
Mkt cap ! $1.626B | |||
| Open | High | Low | Value | Volume |
| $4.50 | $4.52 | $4.43 | $18.37M | 4.092M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 424962 | $4.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.52 | 21617 | 5 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| WEB (ASX) Chart |