By my calculations, $55M @ $5.00 equals 11M shares if SPP is fully subscribed, equating to approx. 6.33% dilution.
Not a bad trade-off considering what WBT will be able do with the money. This will really turbocharge R&D, enabling the company to move forward with development of their own discrete selectorless ReRAM chips, among other things.
Onward and upward.
Ann: Weebit Nano to raise A$45 million via underwritten placement, page-13
-
- There are more pages in this discussion • 94 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WBT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.28 |
Change
-0.020(0.87%) |
Mkt cap ! $430.4M | |||
| Open | High | Low | Value | Volume |
| $2.33 | $2.33 | $2.26 | $993.0K | 434.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 14392 | $2.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.30 | 5000 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| WBT (ASX) Chart |