Do you know what market cap means?
The problem with relying upon a customer sign up to move the share price for any duration is that it only engenders a relatively small amount off revenue two and a half years in the future.
It's only 2% for the embedded market. So assume that customer gets $2m revenue per year from that particular chip then that's only $40k pa starting in two and a half years.
That won't excite the market much until they get a cascade of signings.
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Last
$2.35 |
Change
-0.200(7.84%) |
Mkt cap ! $443.6M | |||
| Open | High | Low | Value | Volume |
| $2.56 | $2.58 | $2.31 | $2.702M | 1.119M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 41048 | $2.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.37 | 3173 | 1 |
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| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| WBT (ASX) Chart |