I posted the same on the FLT site, but this applies to WEB too
As I always say, this stock is so news based, and future looking -
Do we Say that the price rose due to
1) TGA approval of Astra Zeneca,
2) Vaccination plan news - re Pfizer
3) Victoria Opening up & perhaps more importantly the vaccination news will hopefully result in reduced border closures?
4) generally rising from oversold conditions
5) Shorts covering (screenshot below) - Almost from 49 million to 42 Million - almost 16.84% lower - The shorts know that the vaccine is a game changer
I posted the same on the FLT site, but this applies to WEB tooAs...
Add WEB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$8.81 |
Change
0.185(2.15%) |
Mkt cap ! $3.404B | |||
| Open | High | Low | Value | Volume |
| $8.66 | $8.84 | $8.60 | $6.736M | 768.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 8847 | $8.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.81 | 2381 | 18 |
View Market Depth
| Last trade - 15.31pm 05/06/2024 (20 minute delay) ? |
|
|||||
|
Last
$8.82 |
Change
0.185 ( 1.93 %) |
||||
| Open | High | Low | Volume | ||
| $8.67 | $8.83 | $8.61 | 181018 | ||
| Last updated 15.52pm 05/06/2024 ? | |||||
| WEB (ASX) Chart |