Another solid day to set a base SP about $6 (or over). Consistent good volume over the past 6-8 weeks is all positive I see as a the moment as opposed to the past year. Just my thoughts
We have also hit Pitt Streets $6.10 price target within a month of release.
https://www.weebit-nano.com/wp-content/uploads/2023/02/230203.WeebitNanoresearchupdate3February2023.pdf
On re reading the report and revenue model.
Has anyone got any information on the number of chips produced or needed.
Take an Iphone 14 for example. Which i think has reRam chips in the phone.
How many reRam chips are in each phone?
Pitt Street as an example suggested $10 per chip as a Cost of Manufacture sale. (not directly link to the iPhone). Then potentially a 3% royalty payment per chip. Hence WBTs royalty is $0.30 per chip
Sorry for the odd question. I was just trying to break it down in laymans terms per phone the number of chips and potential revenue.
Running discussion on SP, page-1414
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$2.35 |
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Mkt cap ! $443.9M | |||
| Open | High | Low | Value | Volume |
| $2.33 | $2.35 | $2.30 | $511.5K | 219.1K |
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