Deco , I respect your posts aren't to downramp , and you have your point of view .. but come on . Anticipated growth .. Existing growth ? We are a company that is attempting to to disrupt a 30 year incumbent technology . It's going to be a paradigm shift over the next ten years in ways that nobody can anticipate.
Therefore many of us are taking the the chance and getting in early on something that we anticipate is going to grow quickly once it's adopted into the mainstream of the newer technologies .. Will this take time . sure . Do we know how to value this right now ? No .. When Facebook listed I think it was at something like $38 dollars per share , the market thought that was overpriced ..it dropped to as low as $19to $20 before the market realised the value that could be drawn from the platform . When they received their first advertising revenues and their user numbers it took off and never looked back . Investors had an aha ! moment ..
Weebit will have that moment .. imo .. where we sign multiple customers and revenue escalates and we never look back .. We are just early investors in the process .. Once revenue starts to flow regular and contracts are signed we will not be at this price ever again .. So yes it's growing potential , but with plenty of information out there , to say it's got a very , very good chance of being fully realised .
Also it is a technology , that is ever evolving and in research and development that never stops , as Coby has said many times , so we/ I also stay invested for the left field opportunities that can come from this such as discreet and discreet with out a selector .. It's had setbacks like the China pivot , the Skywater issues and the war , not to mention bad sentiment towards Israeli companies as well as institutions shorting and taking advantage of all these circumstances But we are still here , we have $90 million in the bank , first revenues coming in , contracts on the near horizon and the threat of war in Israel is dissipating , so to anticipate good results in the future and shareprice appreciation from hereon in are not some flight of fancy . Not in my view ..
Aimo Dyor ..
WBT Price at posting:
$1.71 Sentiment: Buy Disclosure: Held
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