It looks like the falling of SP is fake and driven by professional buying. Over 150 million shares have been traded between 6c and 8.8cents and some glorious tradies are brilliantly pulling the price down by rotating mere 10m shares.
"WBT’s development strategy remains on track. WBT also plans to commence commercialisation discussions with participants in the military / security and financial services sectors in Australia and North America in late 2014 and early 2015."
If the test results in the field are as good the laboratory results, this would be world's first and best of its kind !!! Lets hope some news is imminent !!
I'm guessing it could be one of the big 4 banks in Australia that is more interested towards a trial run of the product once the technology is field tested. A&Z alone has invested over $2billion in biometrics/mobile space in the last couple of years. All big 4 together is spending a billion dollar every year. Also any commercial licensing and royalty in mobiles with Samsung or Google or Apple devices would be the biggest blessing for the share holders...
Even $1 to $10 a share is not a fantasy !!!
IMHO. Please DYOR.
Good luck holders !!
Number Crunching, page-6
Currently unlisted. Proposed listing date: WITHDRAWN
