26th October 2023 (7:38pm): Webcentral announces sale of Retail Domains and Hosting Business for $165M and strategic partnership with Oakley Capital: Webcentral-Sale-of-Retail-Domains-and-Hosting-Business.PDF
27th October 2023: Webcentral's share price rises +177.27% to close at 30.5 cps (yesterday's close: 11 cps).
![abb35b0f008ed845fc602a43708419d7b7d79a.png](//strawman.com/member/uploads/objects/b0/abb35b0f008ed845fc602a43708419d7b7d79a.png)
Some Perspective:
This is how they've travelled over the past 10 years, including today's +177% share price rise:
![b968a86c3ccb14982fa3a330ae703273d2edc6.png](//strawman.com/member/uploads/objects/e2/b968a86c3ccb14982fa3a330ae703273d2edc6.png)
Still - not a bad deal for anyone brave enough to buy them at or close to 11c - they've been trading mostly in a range between 9 cps and 12.5 cps over the past couple of months. The market valued the entire company as being worth $36m yesterday, but worth $100m today.
Who says there's not some major market mispricing going on at the small cap end?!?