@fin11 and @yabo thanks for your more concise summary. Reassuring that others were picking up similar vibes to myself. As yabo touched on, Coby did recommend a book “Crossing the Chasm” by Geoffrey Moore as being relevant for WBT’s current place in the market.
@fin11 Thought your point about free options was fairly raised and not to be ruled out at all. Another company on the ASX has done a similar CR/bonus options issue to reward shareholders that could be a good term of reference if WBT to entertain the concept. Terms shown below. Of note, this ticker closed at $0.95 the day before this was announced so the initial options were in the money.
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1 | 43295 | 2.290 |
8 | 177065 | 2.280 |
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2.340 | 5500 | 1 |
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