I think initial revenues were always going to be low and around this level - so likely priced in.. If market was anticipating big revenues I'm sure price would be much higher (typical behavior) with excitement. Today will see some added liquidity to cover shorts into or maybe they double down some.
Either way, a new category of investor will be allowed to enter the stock - that being those who require initial revenues in their strategy. So this should begin to draw in much needed interest and later liquidity.
Ann: Weebit Nano receives first revenue, page-33
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Last
$2.27 |
Change
-0.030(1.30%) |
Mkt cap ! $426.6M | |||
| Open | High | Low | Value | Volume |
| $2.33 | $2.33 | $2.26 | $240.8K | 105.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 62890 | $2.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.27 | 3196 | 5 |
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| Last trade - 11.48am 20/06/2024 (20 minute delay) ? |
| WBT (ASX) Chart |