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14:40
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Originally posted by Smurfymurphy:
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Hi Mbarring, thanks for your detailed post. I too have been asking the same questions about passion for a particular stock. The only reason I'm hanging tight and sticking with WBT is the gun team at the helm and continue to grow below them. We've backed Coby and the team this far, what they have achieved to date is amazing really. It's definitely been a learning experience for me investing in a startup. I know for future investments if a company enters the ASX 300/200 and the likes of MUFG/First Sentinar get onboard as substantial holders it's time to bail and accumulate at cheaper prices. The only reason the SP is so low is them manipulating pure and simple. The company fundamentals haven't changed, progress is slow yes but that's the semiconductor industry as a whole. As long as there is announcement progress I'm here for another 10yr+. WBT wouldn't be attracting additional industry experts if the tech was a dud. Coby/Dadi and co are the best in the game so much knowledge and experience they will make a game changing tech, adoption is the only thing holding us back.
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I'd be careful if I was you, talking up management. Look into the Directors a bit more. Mind you don't suffer from confirmation bias.
(20min delay)