Looking again at interim financial reports it is clear that WBT will need to raise substantial capital in the second half of this calendar year because their rate of burn has increased in their efforts to develop the product/concepts. With that in mind it makes one ponder the loss of value in these recent weeks and how much more attractive it will be to a substantial investor with a price approaching 0.018 cents which is very close to the amount where WBT rocketed off some 2 years ago. Although I am a long term holder and believe that the BOD is running the project in a consistent manner they would also be be well aware of the benefits of a lower entry level for major investors better briefed on their investment than retail investors. It is becoming difficult to hold my nerve.
WBT Price at posting:
45.0¢ Sentiment: Hold Disclosure: Held
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