WBT 7.48% $3.16 weebit nano ltd

i could list many reasons why it was smart . . and explain how...

  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
$3.16
Change
0.220(7.48%)
Mkt cap ! $596.0M
Open High Low Value Volume
$2.96 $3.16 $2.96 $1.975M 647.3K

Buyers (Bids)

No. Vol. Price($)
1 3896 $3.13
 

Sellers (Offers)

Price($) Vol. No.
$3.16 2763 1
View Market Depth
Last trade - 16.10pm 29/04/2024 (20 minute delay) ?
Last
$3.12
  Change
0.220 ( 5.85 %)
Open High Low Volume
$2.98 $3.14 $2.97 91775
Last updated 15.59pm 29/04/2024 ?
WBT (ASX) Chart
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