That would be nice wazzie2. I, just like the next bloke get...

That would be nice wazzie2. I, just like the next bloke get excited when I see a price sensitive announcement, only to be disappointed when its a CR. I think WBT though is the first company I have invested in, where a CR doesn't worry me. They have always used the funds well, and the increasing price of the raises (28c, $2.84 and $5) demonstrates the value they are getting out of the money.

The key thing for me that instilled my faith in the management was when COVID hit, they were so quick to act in cutting expenses, including director wages, when they still had cash in the bank. Many other companies out there, particularly pre-revenue companies only looked at director wages when the money ran out.

If there is another raise, I am sure it will be for a purpose that will add value to shareholders and grow the company, so that can only be a good thing. A $10 raise would fit nicely in that pattern of increasing prices for each raise as well.

Having said all that I would be surprised if they raise anytime soon. Still plenty of cash in the bank and lots of excitement to come with commercialisation.