Weebit - 2021and beyond, page-3291

Hi patawalonga... Agree .

They are also covered by so many restrictions - As are Managed Funds and Super Funds. The latter cannot invest in anything 'speculative' and 'speculative' covers a multitude of things. Also the regulations limit what S/Funds can invest in - a Coy's size performance etc - ASX Indexes' etc etc

Some seek to do a SMSF to get around some of the Regulations -Be careful here also- even they SMSFs are covered by certain rules and regulations..they are not 'open slather' re investments, as some believe.

I believe WBT may be on some radars --- but not yet as an 'investment'

I did a radio program heaps of years ago about general Financial matters, interviews etc ... I had to curtail many comments agendas etc., as the rules changed and 'Financial Advice' became a real challenge/ nightmare.. It still is in my opinion. I believe I may have bent/breached/ stuffed up - the rules on this on HC a number of times.

Many posters on HC are giving Financial Advice without knowing it. It is a dangerous area.. I even a poster's 'Sentiment' we express below Buy Hold Sell may/could be considered as advice ? Open to challenges here.

When The Fin Advice industry started many 'burnt out Insurance Agents' (not all) saw an opportunity and they were 'cowboys' a number telling people to cash in their Super and get into the market.. Most of these guys were commission motivated---- and only that . I saw this time and time again.. Many clients we saw we tried to unwind their position -a real fiasco... with tears quite often. However too long ago to remember specifics

We had a rule - Called the C A R E principle :-
C over
A rse
R etain
E mployment

Away from this subject - nothing really to do with WBT-----

I think WBT may take a short spell and consolidate a little, as news is expected but delivery -when ?- then WBT ready for the next ride north ?

All my opinion - been wrong many times before. You must do your own research and make your own decisions. It is your $$$

Keep safe all.
The Phantom GWW
Quote -"Every electronic device is our target/market"- "$00,000,000,000 not $000,000,000"