Not much to garner any additional excitement.
It is very evident the R&D spend that caused a little bit of ansgt for the "uninformed" last quarter is not a concern.“Notable quarterly net operating cash flow items included a $1.4 million GST refund inrelation to Q2 FY24’s higher than normal milestone-based payments to research partner CEA-Leti. R&Dexpenses were A$11k for Q3 FY24.”
In Q2FY24
“R&Dexpenses were A$10.5 million, inclusive of A$8 million in milestonebasedpayments to CEA-Leti. Weebit has multiple projects running in parallel at Leti, with payments linked to the achievement of technical milestones. In previous quarters, payments to Leti reflected the achievement of only a few milestones. In Q2 FY24, Leti delivered many milestones, triggering higher R&D payments. Weebit does not expect R&D expenses to remain at this level in subsequent quarters.”
Not much to garner any additional excitement.It is very evident...
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Last
$2.24 |
Change
-0.050(2.18%) |
Mkt cap ! $420.6M | |||
| Open | High | Low | Value | Volume |
| $2.30 | $2.31 | $2.20 | $1.696M | 756.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 50000 | $2.39 |
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| Price($) | Vol. | No. |
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| $2.12 | 9391 | 2 |
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| Last trade - 15.59pm 21/05/2024 (20 minute delay) ? |
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Last
$2.24 |
Change
-0.050 ( 1.53 %) |
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| Open | High | Low | Volume | ||
| $2.28 | $2.30 | $2.20 | 159402 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
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