He said it in one of those podcast interviews about 1 to 2 months ago. Can't remember which one. He said something like he was working with a customer who ran into financial difficulty and the customer had to put the Weebit contract on the back burner. You know how Coby talks. On the podcast he said something like - I said to the customer you know how keen I am to get our first signing and so many investors are waiting for this news. That's not a direct quote BTW. It was the sort of sentiment that I remember.
To the question - What do we think will happen on 1 July if there's no announcement?
My opinion is that it should make no difference to the SP if the announcements are delayed but that there probably would be a bit of a dip. I also believe a lot will depend on the tone and language in the 4C. Will Coby still be as optimistic about qualification and customer signings or will the language be a bit less positive or even more positive. He will call it straight though. If qualification is still on track but taking longer he will say just that. I believe there's a chance of a share price dip or rise depending on the tone and level of positivity/negativity in the 4C. Does this come out close to end of July?
There's also the fact that the 4C for the year to 30 June is released a few weeks after 30 June, so Coby has the benefit of more news due to more progress in July.
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