Tinkler is not the reason for the sp plunge.
The Chinese are "probably" (based on my numerous personal experience in stocks I hold/held with Chinese suitors - more like opportunistic pillagers) systematically destroying the WHC sp (via their proxies) and then eventually lob a low-ball bid seemingly reflecting a premium to the average sp over a period.
If I am right, the bid won't come so quickly. The Chinese will keep hammering the sp for a few months yet and take advantage of the next set of bad news in ASX release.
I wouldn't touch WHC until it hits $2 or less.
Problem is the company is not making a buck (losing money). The Chinese smell blood and at some point will go for the jugular. WHC holders will entered at mid $3s will bleed to death.
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Last
$8.01 |
Change
-0.315(3.79%) |
Mkt cap ! $6.751B |
Open | High | Low | Value | Volume |
$8.15 | $8.24 | $7.94 | $41.99M | 5.222M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 30947 | $8.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.01 | 10667 | 36 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 10095 | 8.010 |
21 | 40678 | 8.000 |
17 | 38251 | 7.990 |
15 | 38464 | 7.980 |
11 | 22091 | 7.970 |
Price($) | Vol. | No. |
---|---|---|
8.020 | 10983 | 41 |
8.030 | 26370 | 35 |
8.040 | 36479 | 23 |
8.050 | 28905 | 14 |
8.060 | 35089 | 10 |
Last trade - 14.52pm 22/07/2024 (20 minute delay) ? |
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WHC (ASX) Chart |