WBT 7.50% $2.15 weebit nano ltd

Ann: Q2FY20 Activities Update and Appendix 4C, page-26

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  1. 2,468 Posts.
    lightbulb Created with Sketch. 3450
    Weebit struggled at the last CR by extending the duration to raise funds and are also struggling to get an agreement signed by whoever in the industry. If little known XTX don't take the letter of intent to the next level you can all bet Weebit will be back to its pre-consolidation price at 0.025c.

    With an already oversubscribed filamentary ReRAM market, Weebit is yet to convince anyone in the industry to sign a real agreement. It is becoming more evident that the technology is not relevant or "strategic importance" to any of the industry players portfolio.


    Last edited by Khoutam: 29/01/20
 
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