WBT 0.43% $2.32 weebit nano ltd

Running discussion on SP, page-4455

  1. 778 Posts.
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    For the sake of transparency I am:
    - over the moon about full qualification
    - very confident that customer announcement(s) are forthcoming
    - confident tier 1 fab or IDM announcement will happen this quarter
    - hoping to get update on automotive qualification
    - hoping extra hard that we get an out of the blue discreet no-selector update sometime this year.

    So, that being said, I just can’t work out what is happening with the share price. Here is what I think is NOT happening:

    - I don’t believe the successful qualification was baked in at this price. IMO that is utter rot. Prior to full qualification being actually achieved there was a clear and present risk that we would not pass, we would have to go through a period of product rectification and then undergo the qualification again (if SKYT would let us)
    - I don’t believe shorters are holding us down at this sun-$5 region. I think shorts definitely had a role in dragging us down from the mid 7’s using qualification risk as additional downward leverage.
    - I don’t believe it because we are a meme stock and the whole thing is a massive hoax. If you are in this bag (roger, pigs, adshoe etc) and reply to me here I will block you immediately. Your views are laughable if not outright dishonest.

    So what is it? I have no idea and it’s bringing me down because to keep this is the perfect opportunity to be building g exposure to this wonderful story and that demand should be exerting upwards pressure on the share price. Someone wants those 1.88 million shares (and of course who wouldn’t) but seriously who is literally giving them away at this price???

    Help…
 
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