WBT 3.97% $2.42 weebit nano ltd

Weebit - 2022 and beyond, page-395

  1. 1,416 Posts.
    lightbulb Created with Sketch. 4421
    Flash has been around since 1987. That's 35 long yrs. Why, not because their haven't been new memories invented but because Flash filled the need in the market and the industry did not need to change. Cheapest cost per bit for 35 yrs. The fabs also are very conservative and as WBT found don't want to change to a >100x memory that is unproven.
    WBT will not be disrupted if it succeeds at replacing Flash unless it does not fulfill the needs of the devices it is going into and a cheaper cost per bit memory comes along.
    With tech now gaining speed at all levels WBT surely will not reign for 35 yrs but I am absolutely certain that 10 yrs is a minimum and that is more than enough time for WBT to reach staggering valuations IMO.

 
watchlist Created with Sketch. Add WBT (ASX) to my watchlist
(20min delay)
Last
$2.42
Change
-0.100(3.97%)
Mkt cap ! $459.0M
Open High Low Value Volume
$2.52 $2.52 $2.40 $689.9K 280.7K

Buyers (Bids)

No. Vol. Price($)
9 10625 $2.41
 

Sellers (Offers)

Price($) Vol. No.
$2.42 647 3
View Market Depth
Last trade - 14.56pm 18/07/2024 (20 minute delay) ?
WBT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.