Completely agree with your comment:
"There's no limit to where they can push this pre index inclusion because it will be under the cover of potential BP buying so anyone thinking of selling wil hesitate."
Someone else made the comment that anyone trying to day trade this could miss out big time, thus better to go play golf and let profits run.
The fact that this potentially could be multiples of the current price due to valuations of recent takeover victims suggests to me that any additional motivation, such as rebalancing by fund managers, could force this way beyond where WBT was pushed up to.
And due to CU6 having completed a recent CR and thus is comfortably cashed up, provides support for the Company going forward.
IMO CU6 provides a unique opportunity for investors. Having said that I'm sure bigger players will continue to test the resolve of shareholders, as we saw recently.
I will continue to hold.
Completely agree with your comment: "There's no limit to where...
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Last
$6.97 |
Change
-0.150(2.11%) |
Mkt cap ! $2.228B | |||
| Open | High | Low | Value | Volume |
| $7.01 | $7.14 | $6.76 | $12.67M | 1.830M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 27392 | $6.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.99 | 1432 | 1 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| CU6 (ASX) Chart |