Exactly, thats why i sold out yesterday for a very tidy profit.
Holders need to forget the old SP charts and look at market cap.
When the $1.70 shares were issued it was almost like a new company being floated with bugger all income, look at it in that perspective in my view.
Will re buy if goes below $2.70, anything over that currently is expensive.
A good article in the SMH mentions WEB yesterday.
disallowed/business/markets/it-s-risk-on-as-australian-investors-bid-up-covid-infected-shares-20200511-p54rvo.html
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Last
$4.50 |
Change
-0.020(0.44%) |
Mkt cap ! $1.626B | |||
| Open | High | Low | Value | Volume |
| $4.50 | $4.52 | $4.43 | $18.37M | 4.092M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 424962 | $4.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.52 | 21617 | 5 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| WEB (ASX) Chart |