It's a steady specialist work-in-progress play. Need 3 years more patience I suspect for this to start shaping up into a promised cash generative business. Coby is very clear about this in the AGM video posted above by Spurs fan dbd25. Getting to market with fabs is not a trivial activity and takes a few years. Then again once locked into the process something will be delivered.
The cash is there to go the distance. I'm concerned about unforeseen black swan events mostly which I do not discount.
In the meantime there will be endless volatility. It's a classic tactical short target - a high tech business with little revenue promising untold rewards in the longer-term. Need to get used to it. Not a lot of value in scrutinising daily movements in SP unless that's your thing. I'm going to follow key headlines and progress and sit this out.
It's a steady specialist work-in-progress play. Need 3 years...
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Last
$2.87 |
Change
-0.060(2.05%) |
Mkt cap ! $541.3M | |||
| Open | High | Low | Value | Volume |
| $2.95 | $2.95 | $2.82 | $1.254M | 436.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1274 | $2.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.87 | 1233 | 1 |
View Market Depth
| Last trade - 16.10pm 09/05/2024 (20 minute delay) ? |
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Last
$2.87 |
Change
-0.060 ( 2.37 %) |
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| Open | High | Low | Volume | ||
| $2.92 | $2.92 | $2.83 | 65734 | ||
| Last updated 15.59pm 09/05/2024 ? | |||||
| WBT (ASX) Chart |