Total Sell stack 705,689
total shorts that need to be bought back 1547614
Over twice the entire sell stack…
In summary WBT share price is artificially low and at a nice discount. Which means great buying opportunity to get in before the shorters are forced to buy back (every 0.01 movement upwards is a loss of $15000 for the shorters)
I wonder how many margin calls their account could take before the broker automatically closes their position at a significant loss.
if the day traders or one of the many FB groups get wind of this…
what a beautiful day that will be!
Short data on WBT, page-277
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Last
$2.33 |
Change
-0.040(1.69%) |
Mkt cap ! $440.1M | |||
| Open | High | Low | Value | Volume |
| $2.35 | $2.37 | $2.32 | $558.3K | 239.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 27237 | $2.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.34 | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| WBT (ASX) Chart |