WiseTech Global Ltd (ASX: WTC) was founded in 1994 by Richard White to provide software to the logistics sector. Since then it has grown to become a global provider of logistics software, claiming to service 19 of the top 20 logistics companies globally. WiseTech makes money by charging its customers on a ‘per use’ basis rather than as a subscription model. Meaning, WiseTech directly benefits as its customers grow their businesses.
When it comes to investing for the long run, ASX investors shouldn’t be relying solely on the dividends and profit of today to base their expectations.
The WiseTech Global Limited (ASX:WTC) share price is down 3.3% over the last month, and there’s no shortage of analysts saying $22 is still too high.
The Xero Limited (ASX: XRO) share price rose 3.8% on Tuesday despite no news hitting the market. Is it still a good investment?
The WiseTech Global Limited (ASX:WTC) share price has taken a tumble since its $300 million institutional share placement. Here’s why I decided to sell…
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.26% at lunch.
WiseTech Global Ltd (ASX:WTC) share purchase plan (SPP) has been completed,, raising a total of $35.9 million.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) went up by 0.06% on Monday.
An hour after market open, WiseTech Global Ltd (ASX:WTC), Altium Ltd (ASX:ALU) and Appen Ltd (ASX:APX) shares are all down 4% or more.
The Appen Ltd (ASX:APX) share price rocketed higher after it completed the Figure Eight deal.
