WBT 3.04% $2.23 weebit nano ltd

Countdown to 30/06/18, page-269

  1. 38 Posts.
    lightbulb Created with Sketch. 70
    Not a great look IF that’s what’s happening...

    Absurd to think that anyone would be surprised (disappointed absolutely) to see some people selling after the stock running from $0.375 to $0.82 over the span of 12 trading days (that’s a big move for a lot of people who last saw that kind of action back in October and briefly in January).

    Whats the diff between the seed selling and this? The seeds just wanted out and were prepared to sell the lot at 30c ! There’s no way that they would have let the SP hit 80c let alone break 50c.

    So we have some trading....you can’t step away from the fact that this is a micro cap and it’s just part of the landscape.

    I’d hate to see ppl ‘surprised’ again when this company that doesn’t generate cash raises....just part of the landscape!

    SO....with traders around and an eventual CR a lay misere why would you hold?

    Well...... Yoav agreeing to increase his involvement (serious show of confidence). 28n/300mm + further optimisation announcements. Holy grail = first NRE. Tough to get the first guinea pig over the line, but once you get it, the rest of the dominos get a good nudge. Lastly , cash position, much better than most would have thought with a decent tax refund to boot. Maybe just maybe enough to see us through to first NRE before CR...

    We’ve seen nothing to suggest that the tech isn’t still “alive” - need proof? The Technion! Need more? Dadi & Yoav! They don’t need unnecessary complications in their lives but here they are.

    Still risks? Sheet yeah. Worth holding at a MC of 37m in a 40b+ industry? Abso-F-ing-lutely!
 
watchlist Created with Sketch. Add WBT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.