Good solid day SP wise. The SP spring coil is wound right back...

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Mooetan

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19/02/25

17:37

Post #: 77932091
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Originally posted by wazzie2: ↑

"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."

Coby has outlined the reason as to why no retail were able to participate. Yes I follow the data and understand shorting reasonably well.

The shorts dropped from around 10.88m to 6.25m ie a drop of 4.53m (around 2.7%).

16.66m shares were issued at a price of $3 in the raise. So around 12m shares net long purchased at $3 per share.

Since that period the short position has changed from around 6.25m (3.0%) to 5.74m (2.8%) and share price has dropped to $2.16.

I fully agree the company is extremely well positioned for exceptional share price appreciation.

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Good solid day SP wise. The SP spring coil is wound right back down and ready to explode and spring right back up??

Buy side building up, sell side declining from the past week or so IMO.

Announcement incoming?

Come on WBT. You can do it

WBT Price at posting: $2.16 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $1.67		Change -0.070(4.02%)		Mkt cap ! $347.5M

Open	High	Low	Value	Volume
$1.75	$1.77	$1.65	$687.6K	406.0K

Buyers (Bids)

No.	Vol.	Price($)
1	2500	$1.67

Sellers (Offers)

Price($)	Vol.	No.
$1.67	598	1

View Market Depth

No.	Vol.	Price($)
2	3200	1.690
1	700	1.680
2	2025	1.670
3	4765	1.660
2	9700	1.655

Price($)	Vol.	No.
1.670	2783	3
1.680	7347	1
1.715	1085	1
1.740	5000	1
1.750	7200	1

Last trade - 16.10pm 18/06/2025 (20 minute delay)

WBT (ASX) Chart

Good solid day SP wise. The SP spring coil is wound right back...

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Good solid day SP wise. The SP spring coil is wound right back...

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