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
Sub $2 not looking likely, page-93
Add WEB (ASX) to my watchlist
 (20min delay)
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Last
$8.53 |
Change
0.070(0.83%) |
Mkt cap ! $3.315B | |||
| Open | High | Low | Value | Volume |
| $8.67 | $8.72 | $8.53 | $10.35M | 1.204M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2831 | $8.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.54 | 4906 | 2 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
$8.57 |
Change
0.070 ( 0.94 %) |
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| Open | High | Low | Volume | ||
| $8.66 | $8.72 | $8.55 | 476064 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| WEB (ASX) Chart |