WBT 1.27% $1.95 weebit nano ltd

Weebit - 2021and beyond, page-9996

  1. 1,212 Posts.
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    I do understand your point that fund managers have a larger appetite for risk and their strategy for investment will be long-term and do not care about daily movement of the price compared to retail investors like me, however a portfolio manager does need to report on a weekly basis and brief on monthly basis and submit a quarterly report. His support staff will keep an eye on daily price movement.

    My point is degrading share price albeit low volumes from $3.80 (ignoring the $4.50 transient spike) to $2.70 is almost 30% drop and if an investor holds 40K- 50Kshares, about $44K- $55K profit gone in 6 weeks is not a pleasant, especially when you're approaching Christmas.biggrin.png
 
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