100% @FevroDollar . . if for example they raised $40m at $4 that would be minimal dilution 10m/160m (6.25%) . . simple question is do we think this board could use that $40 mil to grow market value of wbt by more than 6.25% . . very simple answer to that is absofrigginglutely!! they would probably use that 6.25% dilution to double . . tripple plus plus the market cap.
this is why i would absolutely support a cap raise like above if the board decided to do it.
Ann: Weebit Nano Q1 FY22 Activities Report and Appendix 4C, page-22
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Last
$2.30 |
Change
-0.130(5.35%) |
Mkt cap ! $434.5M | |||
| Open | High | Low | Value | Volume |
| $2.43 | $2.52 | $2.28 | $20.53M | 8.890M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 110471 | $2.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.31 | 1915 | 1 |
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| WBT (ASX) Chart |