If Coby or management / Board of WBT are indeed reading any of this... one simple change would have avoided all this noise.. and that is, a trading halt should be have iniatiated before market opened on the 22nd March 2023 or when it was known that the lead manager started to pick up the phones and call all the 'potential investors'.
A lot of companies do this and it is a prudent approach. It mitigates any chance of the 'potential investors' going out and trading or shorting the stock, because they are being told this information essentially in good faith that they will keep it confidential and not to act on it.
In any case I don't think WBT will need a cap raise for a while, but I have a feeling we won't forget what happened in March 2023.
For now I am trying to picture what the share price will be when Skywater qualification comes in.. commercial sales start rolling in (even an initial trickle), and of course when that Tier 1 fab gets signed.
goodluck all
WBT Price at posting:
$5.00 Sentiment: Hold Disclosure: Held
(20min delay)