No dump coming imo, only a rise from here
Biggest catalyst for WBT in its history "key industry partner" was due Q4, 2018 and we are expecting one soon.
Then we have this news, news that might explain the delay.
We also have a consolidation. Who has Coby and the team been speaking to that is suggesting consolidation that they were not speaking to last year?
Possibly their prospective "key industry partner".
There's nothing irrational about this.
And WBT's market cap is very low and cash is a healthy % of market cap, so in my view the upside potential far outweighs any marginal downside risk.
Opinion only, not advice, dyor etc
No dump coming imo, only a rise from hereBiggest catalyst for...
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Last
$3.13 |
Change
0.400(14.7%) |
Mkt cap ! $353.2M | |||
| Open | High | Low | Value | Volume |
| $2.80 | $3.36 | $2.80 | $9.670M | 3.077M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 800 | $3.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.15 | 7386 | 4 |
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| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| WBT (ASX) Chart |
