probably a little more to it than just a quick 50%. pre-CR price, successful CR, announcements updating activities... all things you'd expect to shift the price back up to where it was previously. when it fell to the placement price. and you'd expect it to rally back toward the pre-CR price. so I don't 100% agree with it being for no reason other than a pump.
this stock in particular is at a crossroads of potential tier 1 contracts with leading industry tech. so the rise 'I think' was relative to the expected news. which is still expected.
anyway... is what it is... we could talk all day on the merits of it all. but it's the game we play on the ASX. tomorrow is another day.
Short data on WBT, page-901
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Last
$2.05 |
Change
0.030(1.49%) |
Mkt cap ! $388.9M | |||
| Open | High | Low | Value | Volume |
| $2.04 | $2.08 | $2.02 | $862.6K | 420.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 247 | $2.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.07 | 8084 | 2 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| WBT (ASX) Chart |