Saw the exact same thing occur in WBT down to $1.92 in Oct 2022. Within a 2 months it was $4 and 6 months was $9. The fundamental to the company are the key not the 200 day ma on a chart on extremely light volume in a period over xmas and new year.. One piece of news and that gets corrected. The fundamentals here are very clear. One of only a handful of Gan lazer providers to a sector that will be $2.5b annually per annum in 2025. Massive addressable market in Defence, bio and quantum computing. Partnered with the strongest possible collaborations. Developing and supplying a technology that has enormous barriers to entry. Supported financially by Australian and US governments. Strong management now in place with contacts at the highest levels of the industry.
BLG Price at posting:
4.7¢ Sentiment: Buy Disclosure: Held
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