Despite the shareprice which is going down and up on very low volumes in reality , I believe this is a very stable share to own right now with all the factors of management , fab partner , and bucket loads of cash factored in with a rock solid cornerstone investor in an Israeli pension fund , what more could you want to sleep well at night .
Simple answer qualification , customers and mass production .
These are now the missing pieces of the puzzle and if you can dream ahead to December 22 the picture will be complete .
At that time it will be a serious case of supply and demand and as recent trading has shown there are not many sellers . so the supply in my opinion will be very limited .
The demand on the other hand will turn from a current trickle to a flood .
To guess a price for then , right now would be folly as you will most likely underprice by a fair margin .
Just be content to be a long term holder, have the good sense to stay on that lane , and know your on an absolute winner that is set to transform technology as we now know it .
IMO
Cheers
Charts, page-2848
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Last
$2.51 |
Change
0.030(1.21%) |
Mkt cap ! $474.1M | |||
| Open | High | Low | Value | Volume |
| $2.52 | $2.58 | $2.50 | $1.029M | 404.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1855 | $2.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.54 | 614 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| WBT (ASX) Chart |