Again showing your complete lack of understanding of the industry? How many times do you need to remind everyone of your lack of understanding? We get it ok!
Your new target is to say that the ASX will react negatively to the first fab or deal being a chinese corporation.
Is that possible? Yeah, but also possibly not. But it sounds like you're just looking at short term gain. Is that correct? That's fine, but i think you should be clear about that.
In any case, guess what. (i) the short term gains from the first deals will be nothing compared to the long term. Maybe you haven't read the timelines? (ii) the ASX is not the industry. The industry doesn't care what the ASX thinks. The industry is looking at the tech and what it will enable. (iii) The fact is, whether the world likes it or not, within a limited number of years, due to seriously immense amounts of public moneys going into research and development, china will be a player in this sector. To think otherwise is really just plain daft. Sorry, but its true. Their approach is to throw so much at it that they dont care how much fails. As long as a proportion succeeds, they will enter the sector. And they will. Get used to to it. Better to sell to them than force them to steal it.
Seriously, wake up to yourself
WBT Price at posting:
$2.31 Sentiment: Buy Disclosure: Held
(20min delay)