Charts, page-3404

The title of this piece is "Darlings of the ASX"

Please don't shoot the messenger as this is fact not opinion. Investors need to ask themselves if they think WBT has the ability to become a Darling because(feeling nostalgic and musical here) Everybody's searching for the new kid in town"(Eagles).
First we have to find out why some companies become darlings and how investors can lose their collective minds to drive prices to insane levels.
My take- disruptive, Global opportunity with blue sky earnings that are opaque to some degree.
Have 2 recent examples that show the above parameters to see what happens and thus allow holders to be prepared. This is a possible scenario for WBT but many stars have to align IMO.

Let's start with BRN as it is at least in Semiconductors as is WBT.

4/10/21 with 1.63 Bill SOI @ .37c BRN MCap was $600mill approx.
17/1/22 with 1.714 Bill (5% increase) SOI @ $2.35, MCap was $4.028 approx.

This was a 6.35x in 3.5 months. However with a large volume increase the bulk of gains came from 68.5c on 4/1/22 - 17/1/22, a 3.43x in just 2 weeks. Yikes!

Next NVX.

17/5/21 with 404 Mill SOI @ $1.90 NVX MCap was $770 Mill approx.
29/11/21 with 482 Mill (20% increase) SOI @ $12.50, MCap was $6.025 Bill approx.

This was a 6.57x in 6.5 months. However the big gains came from $3 on the 10/8/21, a 4.17x in 15 weeks. Again Yikes!

What does this look like if WBT becomes the new kid in town(anyone older than 50 won't be able to get this outa their head all day)
OK if the start is in fact $2 on the 4/10/22 and shit gets real WBT with 172 Mill SOI & MCap of $344 Mill approx at midpoint 6.45x reaches $12.90 @ $2.22 Bill MCap.
BRN $4 Bill = $23 approx and NVX $6 Bill = $34 approx.

So the levels and stages to look for can best be summed up in some of my favourites
1) As per above Eagles
2) ABBA - Money, Money, Money it's a Rich Man's World.
3)Eric Clapton - Cocaine(shout out to the high flyers)
4)Queen - Bohemian Rhapsody (as the heights of insanity are reached)
5)K D Lang- Hallelujah ( sane investors take profits)
6)ABBA- Slipping thru my fingers (self explanatory)
7)Chisels - Flame Tree (OK an outlier but my fav. The verse " nothing else can set fire to this town is perfect though on the way down)
8)Angels- Never want to see your face again, no way get f#^*d, f#^k off.( for those poor souls that never sell a single share or follow those that say they won't)


OK that was a bit of new yr fun and indulgence from me, however the underlying message is it is possible and "to be forewarned is to be for armed"

Happy New Year to all holders