Take a look at the global situation at the time as when the SP for WBT and majority of other stocks dropped.. Not only on the ASX but most of the exchanges around the world.
It had nothing to do with the company or the SPP.
With all of your wisdom who was able to do anything about it? The company has no control over the SP.
Not sure what you hold but that drop which was global to a degree has on paper cost me just over a million dollars. Am I concerned...Yes and No
The stocks that I hold are solid companies like WBT where the drops had nothing to do with the companies.
One thing I can say is that the tide is turning and the market is on the rise again.
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Price($) | Vol. | No. |
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