No, that's the market being irrational and impatient.
Completely different.
DBHs customers are WBT customers, its just going to take some time to get qualified.
That's what the shorters and general population don't understand, nor the ASX who stripped the price sensitive marker from the announcement.
At some point the market will wake up and smell the roses, until then just be patient. The shorters have time on their side, until they don't.
Ann: Weebit Nano Q2 FY24 Activities Report and Appendix 4C, page-176
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Last
$2.24 |
Change
-0.180(7.44%) |
Mkt cap ! $422.4M | |||
| Open | High | Low | Value | Volume |
| $2.46 | $2.61 | $2.24 | $3.897M | 1.645M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 35413 | $2.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.26 | 5000 | 1 |
View Market Depth
| Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
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Last
$2.25 |
Change
-0.180 ( 7.89 %) |
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| Open | High | Low | Volume | ||
| $2.46 | $2.60 | $2.24 | 236387 | ||
| Last updated 15.59pm 04/06/2024 ? | |||||
| WBT (ASX) Chart |