To return to the original question - "Why has Wespac tanked?"...
I don't think that the down trend in the price since April has anything specific to do with Wespac. WBC is being used by some hedge funds as a proxy for the sector and they are jamming it down to meet their strategic objectives. Unless you are buying the stock on margin, there is not a lot to worry about. WBC looks oversold and is probably good buying.
The writer is a passive holder of WBC and these are options only. Do your own research.
To return to the original question - "Why has Wespac...
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Last
$32.01 |
Change
-0.090(0.28%) |
Mkt cap ! $110.0B | |||
| Open | High | Low | Value | Volume |
| $31.71 | $32.01 | $31.48 | $113.7M | 3.573M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15796 | $31.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $32.03 | 3000 | 2 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| WBC (ASX) Chart |