100% @FevroDollar . . if for example they raised $40m at $4 that would be minimal dilution 10m/160m (6.25%) . . simple question is do we think this board could use that $40 mil to grow market value of wbt by more than 6.25% . . very simple answer to that is absofrigginglutely!! they would probably use that 6.25% dilution to double . . tripple plus plus the market cap.
this is why i would absolutely support a cap raise like above if the board decided to do it.
Ann: Weebit Nano Q1 FY22 Activities Report and Appendix 4C, page-22
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Last
$1.90 |
Change
0.055(2.98%) |
Mkt cap ! $358.9M | |||
| Open | High | Low | Value | Volume |
| $1.84 | $1.96 | $1.82 | $1.648M | 868.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 18554 | $1.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.90 | 10988 | 2 |
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