It's not just WBT getting hit, but it seems that in general O&G stocks and mining stocks get hit and then the tech stocks etc.
We are up against a lot of players on the market and as long as the fundamentals of the company is in tact then we just need to ride out the economic storm.
With the drop overall of the ASX traders are starting to find it hard to generate trades and make money in this low SP and lack of liquidity market scene overall.
With high inflation, a huge amount of Mom and Dad investors have taken their money and placed it in a safe haven for a rainy day.
Just my opinion.
Running discussion on SP, page-9
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Last
$2.55 |
Change
0.120(4.94%) |
Mkt cap ! $481.4M | |||
| Open | High | Low | Value | Volume |
| $2.49 | $2.65 | $2.46 | $3.607M | 1.405M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8185 | $2.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.55 | 14261 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| WBT (ASX) Chart |