WBT 5.50% $2.11 weebit nano ltd

Ann: Weebit Directors exercise all their listed options, page-25

  1. 181 Posts.
    lightbulb Created with Sketch. 43
    this doesn’t show any commitment from the board they bought shares for 45c anyone and everyone would do that if they had the chance. As a shareholder we would have been much better off if they let their options lapse but that would be idiotic of them. This is a pretty common process and to be fair one of the more reasonable ratios of volume, price and expiry for a growth stock. BSX for example is much worse.
    Their participation in the recent capital raise @$2.80 shows support albeit small considering the ratio and slow burn nature of progressive announcements that if it is a flop there will still be plenty of time to pump and get out.
 
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