I mean anything can happen, and I'm confident in Weebit's future, but it's far from a sure thing. The biggest longer term risk at the moment is market penetration in my opinion. Look at 3D Xpoint for example (Intel Optane). It beat flash in pretty much every metric but was about twice the cost. That alone eventually killed it. Weebit will need a killer app or niche if for some reason it can't knock NAND Flash off its perch.
For me, that's the biggest risk for Weebit at the moment, though everything so far looks very promising. I feel like breaking $10 will be a challenge for a while as I do think a lot of upcoming announcements are more or less a given, so unless they contain something unexpected and positive, I don't see us breaking through $10, but I can see us being dragged back down until a more potent catalyst arises, like signficant revenue and contracts.
I'm going to enjoy the ride either way
Running discussion on SP, page-3535
Add WBT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.19 |
Change
-0.100(3.04%) |
Mkt cap ! $605.7M | |||
| Open | High | Low | Value | Volume |
| $3.31 | $3.45 | $3.18 | $4.002M | 1.207M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 19867 | $3.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.20 | 4150 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| WBT (ASX) Chart |