Exactly. Insto's were b|tching and moaning for ages to WTC that they could not get hold of enough stock and to be fair I think the low liquidity is responsible for a lot of the SP gains as no one really wants to let go of it.
I have skimmed profits out of this a little while ago just to enable me to free carry from here, but I can see why some might want to short it as the valuation/expectation is very high.
The only gotcha for a short CaptainBarnacles is that all signs (I have good contacts in logistics) point to global cargo and freight forwarding doing a roaring trade right now with a pickup in global economic conditions and the mining industry resurgent. There is a very real chance WTC could blow it out of the water this half gone and this year.
Tough call, gonna have to have your finger hovering on that trigger
Getswift troubles, page-11
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Last
$127.09 |
Change
2.220(1.78%) |
Mkt cap ! $42.50B | |||
| Open | High | Low | Value | Volume |
| $126.09 | $127.78 | $125.58 | $50.50M | 397.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1 | $127.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $127.48 | 1500 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| WTC (ASX) Chart |