So, just a little reality check for all those having a dummy spit
- Someone or some organisation out there thinks that WBT is worth putting in AU $45 M (or US $30 M). Just let that sink in for a minute.
- And, after lots of negotiations, this someone or something also feels that $5/share is a good deal. They wouldn't sign unless this is so. Also let this sink in for a minute.
- What this means is that someone or something with very very very big pockets thinks they are on to something, and they also think they are ahead of the curve.
- Now apart from that, we'll also have an extra AU $10M from retail, giving us AU $55M to (a) work with multiple tier 1s (b) at multiple geometries, (c) with multiple products (embedded AND discreet).
This is a power house and someone has just turned up with the rocket fuel.
Hope that helps with some perspective
ps i wouldn't be expecting to buy at $5 on market. Like last cap raise no one wants to sell. Just FYI.
gltah
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Last
$2.00 |
Change
-0.230(10.3%) |
Mkt cap ! $377.8M |
Open | High | Low | Value | Volume |
$2.20 | $2.20 | $2.00 | $2.055M | 997.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 46342 | $2.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.02 | 1909 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 46342 | 2.000 |
3 | 8105 | 1.990 |
3 | 7793 | 1.985 |
1 | 5000 | 1.980 |
1 | 2593 | 1.975 |
Price($) | Vol. | No. |
---|---|---|
2.020 | 1909 | 1 |
2.030 | 12316 | 1 |
2.040 | 30756 | 3 |
2.060 | 200 | 1 |
2.070 | 8485 | 2 |
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