WBT 1.25% $2.43 weebit nano ltd

Ann: Weebit Nano secures $12m to accelerate growth momentum, page-224

  1. 1,726 Posts.
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    i could list many reasons why it was smart . . and explain how the headline discount that many are quoting is skewed by Friday's rise . . and . . well i could go on and on

    but at the end of the day what is the market saying? if your views were right the share price would be $1.70. the market is absorbing anything that gets offered up under 2.10 like a giant vacuum cleaner. just half mil shares and options combined traded in 2 hours. the supply is super tight.

    i have to admit though i am very biased with the 'are mgmt good stewards of my capital' as they have turned 300k into 1.5mil for me in approx 3 mths . . and i truly do expect them to go 5 x over next 12 mths from here.

    full cash position including options exercise is 30 odd mil . . do i trust mgmt to use that well .. . thats a big yes from me!!

    if your fears are still focused on the discount i would encourage you ti take 10 steps back and look at the board . . the product . . the market need/opportunity . . China multi billion focus on semi conductors .. again could list 5 things to focus on that jf you did what you woukd see was a company with a 300m mkt cap . . fully funded . . on very of bringing world changing tech to market. focus on that and not you little 'but there was a discount' mentality and yiur mindset will totally shift.

    even . . devils advocate . . they did mess up.and gave an exta 20c discount. my one and onpy question. what do you feel wbt could be valued at in 3 yrs . . are you in or out?
 
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Last
$2.43
Change
0.030(1.25%)
Mkt cap ! $458.3M
Open High Low Value Volume
$2.40 $2.48 $2.16 $9.441M 4.101M

Buyers (Bids)

No. Vol. Price($)
3 12079 $2.42
 

Sellers (Offers)

Price($) Vol. No.
$2.43 29995 1
View Market Depth
Last trade - 16.10pm 16/05/2024 (20 minute delay) ?
Last
$2.44
  Change
0.030 ( 0.27 %)
Open High Low Volume
$2.44 $2.48 $2.16 659692
Last updated 15.59pm 16/05/2024 ?
WBT (ASX) Chart
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