Don't know why people are saying the shorter's are the dumb ones. They are the one's making money at the moment. These are likely smart people or smart bots with well though out algorithms.
I am not worried of the shorter's, because it is a really small percentage of the market cap.
If you reckon you can outsmart the traders then trade the stock short-term and try and buy at the bottom and sell at the top.
If you think you have a good investment and are patient, invest and wait.
Daily fluctuations are just noise. Retail do not have the volume or capital to push the SP up at the moment.
The market thinks WBT value is at about $2.58 at the moment or around $325 million MC. So if you're investing you just need to think, whatever your time period is for investing, will it be more or less than this.
If you're looking at high risk and high reward investments, plenty of other options with higher volatility.
Disclosure: I am a holder and see this has a long-term investment.
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Last
$2.99 |
Change
-0.070(2.29%) |
Mkt cap ! $567.7M |
Open | High | Low | Value | Volume |
$3.08 | $3.08 | $2.97 | $886.3K | 294.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 6876 | $2.99 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.00 | 15436 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 4955 | 2.980 |
10 | 11242 | 2.970 |
9 | 22813 | 2.960 |
17 | 59120 | 2.950 |
6 | 78577 | 2.940 |
Price($) | Vol. | No. |
---|---|---|
2.990 | 2963 | 14 |
3.000 | 12831 | 12 |
3.010 | 13950 | 8 |
3.020 | 4569 | 6 |
3.030 | 4913 | 4 |
Last trade - 13.17pm 03/05/2024 (20 minute delay) ? |
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Last
$2.99 |
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Change
-0.070 ( 2.35 %) |
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Open | High | Low | Volume | ||
$3.05 | $3.05 | $2.98 | 44404 | ||
Last updated 13.39pm 03/05/2024 ? |
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WBT (ASX) Chart |