Weebit is now a circa $500m company. Unfortunately, no revenue at present. Despite the technology being de-risked, a world class board and major technical milestones being consistentlymet, the market can lose interest in a company when cash isn't coming in. I wholeheartedly believe in the company and am not concerned by the recent share price slide, however I am concerned that one of the larger players can come in and buy out Weebit, even at a 100-200% premium to the current price, cutting off all future potential.
Weebit - 2022 and beyond, page-747
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Last
$2.05 |
Change
0.030(1.49%) |
Mkt cap ! $388.9M | |||
| Open | High | Low | Value | Volume |
| $2.04 | $2.08 | $2.02 | $862.6K | 420.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 247 | $2.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.07 | 8084 | 2 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| WBT (ASX) Chart |