Weebit - 2021and beyond, page-6061

Obviously not alone in his ‘no idea’ of technology lol.

He was obviously reading verbatim a previous analysis article.


With no commercial product and no revenues, Weebit is a speculator’s dream.

The kind of stock that is valued purely on its potential to disrupt a massive market. Which, suffice to say, is at best a vague estimation and at worst a total shot in the dark.

Depending on who you ask, this company could carry a lot of different valuations. That’s precisely why it has such a volatile history of share price movement.

The latest surge in the stock, for example, came on the back of a quarterly update. An update that included no financial data, but purely updated on the company’s ReRAM development:

‘Weebit successfully verified its production process is repeatable and consistent as part of the technology stabilisation process. The company announced the milestone on 7 October, just after this reporting period and is now ready to transfer its technology to a production fab.’

Obviously, that’s a positive report, confirming that ReRAM is indeed suitable for mass production.

That’s all well and good — but the bigger question investors need to be asking about is demand. With no notable commercial contracts as of yet, no one really knows who will be buying these products. The only indication from Weebit seems to be ‘interest’ from China:

‘We continue to be buoyed by the level of interest in our technology coming from China, where we think there are significant market opportunities for Weebit Nano. We are continuing to work with our Chinese partners, as well as having ongoing discussions with other groups.’

Again, that’s fine, but interest isn’t going to keep this company afloat long term. It needs to start shifting product and making sales. Something that should come in time.

Right now though, again, it is all based purely on speculation and potential.