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$98.81 wisetech global limited

WTC is profitable and has a net cash position. This is not new....

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LFM

649 Posts.

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30/10/19

14:12

Post #: 41147223
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Originally posted by OpTrader: ↑

Mate,

At least you made money !!

There are lots of people getting trapped here and losing money.
Those the ones trading with margin the risk is growing by the day and I am short on the market as well and expecting some pull back in the near future,

The risk on stocks like WTC and APT or others with high valuation and makes no money is real and more so when the market correction comes.

People like to compare these stocks to Amazon and Facebook and other giants and sure as we know Amazon made no money at the beginning either and had a huge PE but now they are highly profitable businesses.
I would prefer buying into WTC or APT at 100 bucks when they are delivering profit as at that price these stocks have much less risk.

If you buy now and hold on for another 10 years and everything is going well yeah you can get very rich but I am a vulture and not investor.

We don't also know how much money this Jcapital is willing to gamble on and what they really know ?

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WTC is profitable and has a net cash position. This is not new. It was profitable when it floated.

Last edited by LFM: 30/10/19

WTC Price at posting: $25.98 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $98.81		Change 0.330(0.34%)		Mkt cap ! $32.95B

Open	High	Low	Value	Volume
$99.67	$99.94	$98.80	$4.114M	41.36K

Buyers (Bids)

No.	Vol.	Price($)
3	44	$98.81

Sellers (Offers)

Price($)	Vol.	No.
$98.88	202	11

View Market Depth

No.	Vol.	Price($)
2	23	99.120
5	81	99.110
8	102	99.100
1	27	99.090
1	6	99.080

Price($)	Vol.	No.
99.200	35	3
99.210	139	5
99.230	25	1
99.240	34	2
99.260	34	2

Last trade - 11.05am 11/07/2024 (20 minute delay)

WTC (ASX) Chart

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