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
$7.72 |
Change
0.090(1.18%) |
Mkt cap ! $6.458B |
Open | High | Low | Value | Volume |
$7.69 | $7.77 | $7.56 | $31.42M | 4.079M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 23064 | $7.72 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.74 | 4002 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 23064 | 7.720 |
6 | 46955 | 7.710 |
6 | 42702 | 7.700 |
2 | 30207 | 7.690 |
1 | 3776 | 7.680 |
Price($) | Vol. | No. |
---|---|---|
7.760 | 2345 | 1 |
7.770 | 8702 | 3 |
7.780 | 1100 | 2 |
7.790 | 24852 | 5 |
7.800 | 25631 | 8 |
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