For what it's worth, I have a tech guru friend who has invested heavily in WBT because from everything he's read and seen ... he believes it is the answer to replace flash. He was delighted with the SkyWater announcement because it validates what he believes. He predicts a $5B MC for Weebit within two years which on my calculation will give WBT a share price of around $33 if there is no further dilution due to a CR.
Now to my way of thinking ... that is not entirely impossible, especially when more fabs sign up (especially if one of them is TSMC!) as well as some major end user customers. So why on earth would anyone sell their shares for a lousy $2.60 when everything the company has done and continues to do is extraordinarily positive and the upside just mind blowing?
Our mate in this video (that someone kindly posted on here the other day) is dead right when he says the market doesn't get WBT ... yet!
Weebit - 2021and beyond, page-9213
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Last
$2.03 |
Change
0.000(0.00%) |
Mkt cap ! $387.0M | |||
| Open | High | Low | Value | Volume |
| $2.05 | $2.05 | $2.02 | $132.7K | 65.13K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 17946 | $2.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.05 | 5029 | 8 |
View Market Depth
| Last trade - 11.04am 17/10/2024 (20 minute delay) ? |
| WBT (ASX) Chart |