The shorters will try to drag it back to that 50 thousand sitting at $4.03 and then pull it out before it gets there I reckon , has been there method for many weeks , will it work again .. I'm thinking it might but there will be buyers ready to pounce if it goes sub $4 again .. like Insected mentioned there has been a floor nailed in now with this announcement and any fading confidence in management's ability to deliver on their stated goals is now mostly restored .
Jmo
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Last
$2.52 |
Change
0.005(0.20%) |
Mkt cap ! $476.0M | |||
| Open | High | Low | Value | Volume |
| $2.55 | $2.56 | $2.50 | $413.2K | 163.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 11091 | $2.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.52 | 9500 | 10 |
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| WBT (ASX) Chart |