Ann: Weebit US roadshow presentation, page-84

While has stated they don't need to raise before 2024 it has been my and all long term holders experience that WBT BOD do not limit their thinking and are quick to pivot if an opportunity presents itself as any well run start up should.
You are 100% correct @TMacker and can well remember all holders were surprised at the large raise at a discount and a few none to happy. 6 months later as the market turned and the SP tanked to $1.92 not to many were complaining then as WBT had amazing cash reserves, a long term insto and no impediment to development. They saw a chance to accelerate and had no hesitation in pivoting.

The above slide is one of the most important in the deck as it clarifies the confusion around the discrete without selector that has now been confirmed as a short term goal, a pivot out of left field that took Coby by surprise.
The confusion for me was around WBT's ability to take full advantage of the massive opportunity given its small size. So now we have that clarification in the 3 bullet points at the bottom.
The first 2 are the main ones and particularly the 2nd about joint venture partnerships. Both these options would require a substantial increase in the company to take full opportunity of this "low hanging fruit" discrete market.
I do not know what the BOD has in mind but I do know they will do what is best for the company and if that includes raising capital to quickly expand and grow market share in the high $ value discrete market then so be it.
This slide confirms a course of action that may include an option that holders may not like but please be under no illusion that if it does it will be for company making reasons to take it the next level.
I have learned to sit back and let the BOD do what they were undoubtedly born to do, create great things, if they decide to pivot please do not be surprised.