Interesting that nobody has mentioned China in discussions. I suspect that recent events may have cooled off discussions with Chinese interests, but that what NOT the only negotiations they are having. For sure, deals with China are going to impact ANY company who has dealings with China, BUT, China is not the ONLY country that WBT are talking with and if China continues with its current strategy, then everybody is going to look elsewhere to source their memory. The IT industry is not going to slow down just because of Chinese bullying. I suspect the recent downturn is a result of some nervousness from investors. I was one that had some concerns about the China effect but saw it as cup half full and I suspect Korea are rubbing their hands together at the moment. I actually doubled my holding in WBT last Friday morning (all of about 30 minutes before the slide) and still hold a considerable number of options.
I am a patient man and expect a rebound soon.
Pick the bottom, page-73
Add WBT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.44 |
Change
-0.060(2.40%) |
Mkt cap ! $460.9M | |||
| Open | High | Low | Value | Volume |
| $2.54 | $2.55 | $2.42 | $1.211M | 488.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2238 | $2.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.46 | 6688 | 1 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| WBT (ASX) Chart |