Weebit was reverse listed into the shell of Radar Iron. A mining co that looked good for a while then failed. You are seeing the action from Radar when you go back that far. That said WBT SP has fallen consistently in last few years despite a relatively constant flow of good news and targets met or beaten. Has been massively under-valued for a long time and market is now catching on. Performance of some tech "peers" and market's current appetite for undervalued tech may have something to do with it but as a long investor with a focus on fundamentals I am constantly baffled at what it takes to become the next market darling. WBT has a long way to run yet and is still under valued based on peer comparison and potential forward (3 - 5 yr) PE.
Ann: Chairman & CEO Update & Review of Operations - Annual Report, page-76
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Last
$2.06 |
Change
-0.050(2.37%) |
Mkt cap ! $390.8M | |||
| Open | High | Low | Value | Volume |
| $2.12 | $2.19 | $2.04 | $1.797M | 856.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 5840 | $2.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.09 | 4700 | 1 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| WBT (ASX) Chart |