WBT 0.80% $2.53 weebit nano ltd

Ann: Weebit Nano Q3 FY24 Activities Report and Appendix 4C, page-8

  1. 6,550 Posts.
    lightbulb Created with Sketch. 2440
    So relatively low R&D expenses this quarter. Its interesting how this impacts the cash burn :

    "8.5 Estimated quarters of funding available (item 8.4 divided by item 8.1) 19"

    or 4.75 years. Obviously the final number will be smaller, depending on their R&D costs going forward.

    Anyway, it looks like there's no need for a cap raise any time soon.



    All IMHO, DYOR
 
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