I don't get why WBT is still sitting in the $2.20 range right now (and way, way oversold) when tech stocks elsewhere in the market are clearly on fire. The US Nasdaq composite hit another all time high overnight, 2 points short of the 17,000 level. Similarly, the Dow Jones hit another all time high, and went about 40,000 for the first time ever. The All Ords here hit 8168 yesterday, another ATH.
In the AFR today :
"The Dow Jones Industrial Average eclipsed 40,000 for the first time amid a surge in confidence that the bull market is poised to get a boost from a pivot to rate cuts by the Federal Reserve."
The WBT SP seems to be disconnected from the real world.
All IMHO, DYOR
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I don't get why WBT is still sitting in the $2.20 range right...
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