Love a good conspiracy theory and really hope you are right TaffyJ about the "big end of town" accumulating. If so, just wait for the handbrake to be released.
To me, it simply looks like a very flat and declining ASX that has no time for speculative tech shares. Tech shares on the Nasdaq have been underperforming and maybe a little of this sentiment has followed down under.
Also believe that the short term Sophs, who paid 3.5 cents hoping for a quick pump and dump, didn't get it their way this time, so are bailing out, dropping the SP.
Still a big buy for me, hope it goes lower in the short term as my boots aren't quite full and it really feels like taking candy from a baby at 2.5 cents..
Good Luck.
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Last
$3.19 |
Change
-0.100(3.04%) |
Mkt cap ! $353.2M |
Open | High | Low | Value | Volume |
$3.31 | $3.45 | $3.18 | $4.002M | 1.207M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 19867 | $3.19 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.20 | 4150 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4676 | 1.920 |
2 | 7000 | 1.915 |
3 | 23879 | 1.910 |
3 | 4434 | 1.905 |
25 | 104490 | 1.900 |
Price($) | Vol. | No. |
---|---|---|
1.945 | 4000 | 1 |
1.950 | 2979 | 1 |
1.955 | 2979 | 1 |
1.960 | 2979 | 1 |
1.965 | 2979 | 1 |
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WBT (ASX) Chart |