Are you going to care if you paid 5,10 or 20 cents to buy weebit now?At 4.5 cents, even for the short term investor ( 3 - 6 months ) things are looking pretty special. The likelihood of a signature on a piece of paper, possibly an industry leader like Samsung, Toshiba, Intel etc is imminent. Then to be followed up with the successful scaling down of their chip to 28nm, will see some serious rerating of the SP.
These guys have not missed a deadline and have hit every target that they have announced. Can't see this changing any time soon, especially since they recently put a huge proportion of their shares back into escrow, a statement to the market that they are bang on track.
My conservative guess would be a 300% return on investment on todays SP in 3-6 months ( 12 - 15 cents ).
Good luck.
Partnership Countdown to 31/12/18, page-76
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$2.32 |
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Mkt cap ! $438.2M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 1 | 4342 | $2.32 |
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|---|---|---|
| $2.33 | 1034 | 1 |
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