Just looking back, I first bought into WBT in Aug 20 at 48c and have continued buying over the last few years my recent purchase was last week at 8.65. MKT cap IMO is still quite low for where this is right now even prior to earning a cent. I am not sure what earnings will be, will have to wait and see what the first contract details are. But I am excited, just for info, Looking at some ASX tech companies ALU earned 119m has a MKT cap around 5B and a PE of over 50, TNE earned 112m has a MKT cap of 4.7B and a PE of 53, will WBT earn 100m? plus I think so will it earn 200m/300m? I would think initially its PE will run hard lets say conservatively 30 + you start to see a picture of a much, much higher MKT cap than this paltry 1.5B, so thats why I gathered what I could (sold some underperformers) and bought at $8.65 Where do you think the price will go on a Tier 1 sign up, there is no way I will be out of this, one of my best picks in 40+ years of trading. Of course you must DYOR take all of the down rampers and up rampers with a grain of salt.
WBT Price at posting:
$8.69 Sentiment: Buy Disclosure: Held
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