WBT 0.44% $2.27 weebit nano ltd

Ann: Trading halt, page-63

  1. 44 Posts.
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    Yes, I understand the pros and cons of raising with each equity raise structure and the value that raising equity has in growing a business. I just hope the purpose of this raise is a fundamental value add, instead of a raise for the purpose of adding a cornerstone investor which will dilute existing shareholders. As a long-term shareholder, I would rather sit through short-term share price fluctuations through retail offerings and avoid dilution, than be diluted and forced to buy on market at a higher price.

    I know that sometimes it is not feasible to raise through retail, but with WBT I think it is. Historic WBT equity raisings suggest there will be a retail component that will suppress the share price and present an opportunity to accumulate.
 
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