WBT 1.72% $2.37 weebit nano ltd

Ann: Weebit Nano Investor Presentation, page-73

  1. 1,331 Posts.
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    It was good. Pretty well covered by the others from the Perth meeting.

    Seems like there are a lot of irons in the fire, just gotta sit tight.

    Nothing new but as usual a lot is going on that we can't be told, even if annoying people try and draw out confidential details (one guy at the meeting).

    Someone asked about the big deal that went back to renegotiate a larger deal across multiple geometries, Coby said it's one of these, pointing to the list of top ten IDMs and Top 10 Fabs, but he wouldn't be drawn on time frames, take from that what you will.

    There was a lot of emphasis on DB Hitek and how much of a big deal that is and how much more proactive they are, and their customers are along the lines of the first customers we originally were targetting. He also said there are a dozen or so they are talking to from DB and hundreds they work with. Coby said he's bringing people who wanted to work with them at SW over to DB.

    He mentioned a major VP from an auto company contacted him about the 150 degrees announcement and told Coby that solves his problem.

    Lots of little details really. I was reassured everything is going fine, and as mentioned Coby spoke of the tornado, the time when all the deals get sucked up, which he has experienced twice previously, and how he can see it on the horizon.

    At this stage we just gotta let them cook. Everything we want them to be doing is confidential in nature so you kinda gotta suck it up, put on your big boy pants and make your own investment decision (not referencing you specifically Flight just making broad comments as I tend to favour). Same as always, buy, sell, hold or sit out. The choice is yours, as are the rewards and consequences.
 
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