IMO the reality is the past 12 or so months price action was a missed opportunity for a lot of LTH who have no exit strategy. WBT SP was played and a lot of people missed out due to greed.
Skywater and other earlier client sale have failed due to not meeting customer product needs
Its understandable when a pre-revenue company needs to take an early product to market to make revenue.. It just didnt meet customer needs.
As the next wave of product research and development is produced, WBT will keep announcing. Its a rinse and repeat until a product offering is taken up or announced. That is why everyone is now focused on recent annoucents.
BRN 2.0 is in play until contracts are announced
Plenty of cash in the bank at the moment - but a CR will be needed as any significant revenue is years away.
This years AGM will be interesting……..
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