No question in my mind it's a genuine bid given how close the share price came to hitting it without the bid being withdrawn or lowered. I think the buyer will need to move the bid higher if they want them because WBT is about to go for a run as tax loss selling peters out ... and also because of the signals we are seeing from directors buying on market and recent comments from Coby. Shorters must be starting to feel a little anxious. In fact, I'll go out on a limb and predict the SP will be back above $3 by June 30.
Not financial advice ... my opinion only.
Running discussion on SP, page-8232
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Last
$2.27 |
Change
-0.010(0.44%) |
Mkt cap ! $428.5M | |||
| Open | High | Low | Value | Volume |
| $2.29 | $2.29 | $2.25 | $1.276M | 561.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 17680 | $2.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.28 | 1117 | 1 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| WBT (ASX) Chart |