WFE has to be low on cash and late August announced that Summit is looking to raise capital for the company.
I assume the MOU with VS Lad is dead in the water?
Unless there is a corporate deal with a major end user I can see WFE will be doing a placement at 10cents range ... possibly with some attaching option to sweeten the deal.
Still find it hard to believe that FMS has a market cap of $250m+ but WFE is under $10m.
If there is a placement I would take it up.
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