WBT 0.32% $3.15 weebit nano ltd

Hi, GroinsAnother perspective is that the company's valuation...

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    Hi, Groins

    Another perspective is that the company's valuation was determined by institutional investors who were lookingto maximize their profits. As Silicon Valley and other banks in the US were experiencing collapse, the company's board of directors may have decided to raise capital before the situation became too chaotic. The institutional investor was part of the market and sought to benefit from the investment as well. As a result, a significant amount of potential profit was left for the investors, considering the risk they took on by investing $45 million.

    Last edited by hami512: 27/04/23
 
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