I say don't panic because if we quote WDC from their Q1/2022 slide presentation they said "Western Digital's highest priority is reinvesting in the business, through product innovation".
Chris Lau's take away advice, "Markets are simultaneously betting on cloud computing and data center markets growing". Perfect for our ReRam tech!
As component shortages become available again, production in 2022 will normalize. WDC's stock has tested $50 but it looks like that's the bottom. A good time to accumulate, no doubt.
DYOR GLTAH
Ann: Letter to Shareholders & Notice of Annual General Meeting, page-449
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Last
9.5¢ |
Change
0.011(13.1%) |
Mkt cap ! $167.5M | |||
| Open | High | Low | Value | Volume |
| 8.5¢ | 10.0¢ | 8.4¢ | $1.691M | 17.95M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 70000 | 9.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.6¢ | 5300 | 1 |
View Market Depth
| Last trade - 16.10pm 27/05/2024 (20 minute delay) ? |
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Last
9.4¢ |
Change
0.011 ( 12.6 %) |
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| Open | High | Low | Volume | ||
| 8.5¢ | 10.3¢ | 8.5¢ | 8300046 | ||
| Last updated 15.59pm 27/05/2024 ? | |||||
| 4DS (ASX) Chart |