A capital raise is used to benefit a company in weebits case RnD and pay the 50 new engineers needed to transfer IP to its customers. Awesome move for a company growing.
Shorts will USE a cap raise as a tool to avoid a squeeze and close a position. You didn’t notice shorts dropped 3% and no one here got invited to a SPP.
The game is hidden but the data doesn’t lie.
A capital raise is used to benefit a company in weebits case RnD...
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Last
$1.56 |
Change
-0.110(6.59%) |
Mkt cap ! $324.6M | |||
| Open | High | Low | Value | Volume |
| $1.67 | $1.67 | $1.56 | $1.490M | 925.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 25789 | $1.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.59 | 10364 | 2 |
View Market Depth
| Last trade - 16.10pm 19/06/2025 (20 minute delay) ? |
| WBT (ASX) Chart |