WBT 2.98% $1.90 weebit nano ltd

Weebit - 2021and beyond, page-7841

  1. 831 Posts.
    lightbulb Created with Sketch. 224
    For new investors, and patient holders, we are on the verge of some good news, expected by mid year plus a month or so ( ie end of July)

    (i) the memory module which, as stated in announcements, has undergone improvements prior to release to suit the needs of a particular customer; (ii) a customer agreement, (iii) a fab agreement.

    As some here have mentioned, it may be that we get all three at once, as the customer may have been waiting for the module, and the fab may have been waiting for the customer (sort of common sense when we think about it).

    There is a lot of speculation and imagination about what might happen. Imo, any speculation should be treated just as that until an agreement is signed. After an announcement re agreement, we should be able to make some more realistic forward estimates. Prior to that, any estimates are only based on industry averages, which can give us a ball park figure but nothing specific. And, any talk of 'selling or going broke', is equally in the realm of la la imagination, up there with 30 dollars by xmas.

    Something to consider regarding no news, any material delays are required by ASX to be announced, and we may thus far assume that no news is good news. Having said that, however, a stated delay would likely see the SP fall somewhat.

    This is definitely the hardest time to hold, and also the time to buy or sell depending on your position.

    Most likely outcome, imo, is a threefold announcement either just before or just after quarterly. Just before will be best. Just after will involve a bit of turbulence.

    Either way, buckle up kiddos, and gltah


 
watchlist Created with Sketch. Add WBT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.