So by staying in the ASX300, this presumably now means there's no pressure on the insto funds to sell their WBT holdings, and the remaining ~5 million shorts will have to decide whether they want to buy on market to get out (or not cover at all) with the prospect that the company is aiming to announce five more big agreements this year. That sounds to me like a recipe for increased upward pressure on the SP, and some nervous shorters in the short to medium term.
All IMHO, DYOR
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
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 |