This heavy shorting is a symptom of how much demand is there for WBT.
Now that it's entered the ASX200, Instos needs to fill their books.
Plus WBT is on track to becoming a top ASX performer, and ultimately a blue chip stock.
Shorters are working ruthlessly for Insto's who want to accumulate cheap, as much as possible, and for as long as possible.
When the dog whistle blows, short positions will be immediately covered, and the SP allowed to rise.
It will come in the days before the Tier 1 deal is announced.
That's the system, and the regulators aren't capable of doing anything but saving face by looking away.
Our time will come.....
Short data on WBT, page-1573
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Last
$2.33 |
Change
-0.070(2.92%) |
Mkt cap ! $440.1M | |||
| Open | High | Low | Value | Volume |
| $2.39 | $2.39 | $2.30 | $1.157M | 496.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 19191 | $2.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.34 | 2874 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| WBT (ASX) Chart |