WBT 6.50% $2.13 weebit nano ltd

Ann: Q2FY20 Activities Update and Appendix 4C, page-25

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,453 Posts.
    lightbulb Created with Sketch. 798
    I think that the two possible partners, one from SK for the embedded market without really knowing how many clients the SK client has and the range of products to be tailored for the SK clients and the time span to put a module into production versus XTX client and the known over 2000 of XTX clients with work proceeding with both possible clients and the fact that XTX verified our product and now want to taylor it for it's clients tells me that we could see production mid - 3/4 of this year.
    If XTX can bring us in the revenue then I think we can well afford to employ more staff in the development of both embedded NVM and discrete memory.
    WBT does not say it has stopped development with the SK partner but IMO is that certain people have been shifted to XTX side for a duration until we see production.
    To me it's a no brainer as if we can get it out in the market place and into a multitude of products with the results of how good our product works, then I think we will have a lot more potential clients wanting us and thus the increase of revenue streams and a higher SP and the start of dividends.

    Again just IMO
 
watchlist Created with Sketch. Add WBT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.