The companies you are talking about are not the same
WBT is developing disruptive NVM tech essentially to take the place of older memory tech such as flash
Down the track it may well produce its own discrete chips with a partner or fab
The majority of its revenue will go to the bottom line.This has been pointed out many times before
This is the nature of the beast
There are plenty of developing tech companies that have earnings multiples well over 30 times
It is all about growth expectation
If WBT"s tech is as good as what key managent and board believe either WBT itself and/or its tech under licence will be highly sought after
Anyway let the traders have their day in the sun and we will see what happens after coming key announcements
Running discussion on SP, page-2943
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Last
$2.23 |
Change
-0.070(3.04%) |
Mkt cap ! $420.9M | |||
| Open | High | Low | Value | Volume |
| $2.30 | $2.30 | $2.23 | $1.023M | 452.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 8 | 29589 | $2.23 |
Sellers (Offers)
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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$2.24 |
Change
-0.070 ( 2.63 %) |
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| $2.30 | $2.30 | $2.23 | 114058 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| WBT (ASX) Chart |