WBT 4.94% $2.55 weebit nano ltd

Every device on the planet !!, page-5

  1. 831 Posts.
    lightbulb Created with Sketch. 224
    While its good for the price to pull back, the chances of it pulling back to under 4 (as you said, like BRN) are extreeeemely slim IMO. Nothings impossible, but there would have to be a range of things happening for that to happen imo.

    Some clear differences
    - the product is different
    - memory market and demand for WBTs product is already commercially established, and are increasing
    - wbt has some clear milestones set out and these are expected by EOFY.

    These are less clear in the case of BRN, which make for a very different situation for WBT.

    so, while there may be a case for saying it is ahead of itself, it is probably much much less so than in brns case.

    Full disclosure i am invested in both, more in wbt than brn, and i like to look to the benefits of both, and while there are similarities, it is worth seeing the differences too. I sold a parcel too early in brns case (1.20 odd), coz i thought it was getting ahead of itself. And it then went to 2 whatever. Personally i still think $1 to $1.20 is a more reasonable proce for brn atm, so i have re-entered. So there you go. But, i wouldn't be betting on less than 4 for wbt. 5.50 maybe in a doldrum... But again, we probably wont be seeing that coz of the milestones.

    but each to their own. Good luck with your strategy.

    Last edited by Gottfried: 11/03/23
 
watchlist Created with Sketch. Add WBT (ASX) to my watchlist
(20min delay)
Last
$2.55
Change
0.120(4.94%)
Mkt cap ! $481.4M
Open High Low Value Volume
$2.49 $2.65 $2.46 $3.607M 1.405M

Buyers (Bids)

No. Vol. Price($)
3 8185 $2.53
 

Sellers (Offers)

Price($) Vol. No.
$2.55 14261 2
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
WBT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.