WBT 4.49% $1.86 weebit nano ltd

Ann: Weebit signs first commercial deal with US-based SkyWater, page-684

  1. 2,591 Posts.
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    We'll see. For a CEO who says it is important to him that the rank and file little people who invested in his company when it was starting out are acknowledged and kept happy I would imagine that he and the board will also be happy to ensure that they get some extra value out of continuing to own the stock. A dividend and DRP is a good way to do this, especially to those like myself on fixed incomes. Dividends and wise investments are not either-or prospects, and especially not in WBT's case. In many ways I expect WBT will be able to clip the ticket on a substantially increasing flow of chip sales from their customer FABs so quickly that they will end up being cash rich within a year or so. I am picking a SP of around $30-50 by end 2024. But I could very easily be wrong. So, as I say, we'll see.
    Last edited by BobF: 06/03/23
 
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