Mr markets generally don’t get wrong in valuations!!
No my friend. In my opinion Mr Market has no idea what an Israeli based company, managed by a world class BOD, has leading lights in the semi-conductor industry on its staff, has met every goal it has set itself for its Re-Ram tech to replace Flash, is about to have its chip mass produced by US fab SkyWater, has an incredible association with one of the world's leading research and development organisations, CEA-Leti, and today announced it's on track to be a major player in the discrete memory space as well as the embedded space,
The current share price is nonsensical given the previous high wass over $4 and the company is now so much more advanced and nearing revenue. The tape out to SkyWater was successfully completed for goodness sake ... all that's left is the qualification process before mass production can begin in early 2003.
Today's announcement was massive in that it signaled WBT's foray into the hug discrete market is much closer than previously thought.
It sure as hell is worth a much greater increase in the share price than 4.4%!!!
Those in know thanks to the research they've done, happily picked up more cheap shares today. The market will wake up of course but in the meantime, the savvy buyers are picking up cheap shares in a once in a lifetime opportunity that Mr Market has yet to identify.
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$2.38 |
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Mkt cap ! $451.9M |
Open | High | Low | Value | Volume |
$2.25 | $2.38 | $2.19 | $1.896M | 828.0K |
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1 | 1096 | $2.36 |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 1096 | 2.360 |
4 | 10851 | 2.350 |
2 | 644 | 2.330 |
2 | 1500 | 2.320 |
2 | 45062 | 2.300 |
Price($) | Vol. | No. |
---|---|---|
2.380 | 45071 | 1 |
2.390 | 10009 | 1 |
2.400 | 41577 | 5 |
2.440 | 650 | 1 |
2.450 | 5000 | 1 |
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