They still have to buy back those shares to bank profits. In the meantime they are paying ongoing charges to the lenders. It can’t go on indefinitely.
Short data on WBT, page-2345
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 (20min delay)
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Last
$2.42 |
Change
0.140(6.14%) |
Mkt cap ! $456.4M | |||
| Open | High | Low | Value | Volume |
| $2.30 | $2.46 | $2.30 | $2.410M | 1.006M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8912 | $2.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.46 | 15001 | 1 |
View Market Depth
| Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
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Last
$2.45 |
Change
0.140 ( 6.38 %) |
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| Open | High | Low | Volume | ||
| $2.31 | $2.46 | $2.29 | 158899 | ||
| Last updated 15.59pm 03/06/2024 ? | |||||
| WBT (ASX) Chart |