Not really.
The above chart is of CSL years ago.. I bet those who sold out at that $5 - $10 mark are still cursing themselves.
Just because the company took a nose dive short term in share price doesn't prove anything. SP is driven by market sentiment which has a lot of psychology at play because it involves humans.
So, no, share price doesn't say it all. It only shows what the market thinks of the company on that day, not what's happening behind the scenes.
Not really. The above chart is of CSL years ago.. I bet those...
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Last
$1.95 |
Change
-0.060(2.99%) |
Mkt cap ! $369.9M | |||
| Open | High | Low | Value | Volume |
| $2.03 | $2.05 | $1.94 | $734.2K | 370.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $1.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.96 | 2493 | 1 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| WBT (ASX) Chart |