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
$8.83 |
Change
0.210(2.44%) |
Mkt cap ! $3.447B | |||
| Open | High | Low | Value | Volume |
| $8.66 | $8.84 | $8.60 | $11.09M | 1.261M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 62124 | $8.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.84 | 18174 | 7 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
$8.81 |
Change
0.210 ( 1.87 %) |
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| Open | High | Low | Volume | ||
| $8.67 | $8.83 | $8.61 | 192725 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| WEB (ASX) Chart |