WBT 0.82% $2.43 weebit nano ltd

I remember sometime ago doing an analysis of the journey...

  1. 138 Posts.
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    I remember sometime ago doing an analysis of the journey AfterPay took and wondering if I would have been able to ride it all the way to the top. Mostly I thought yeah I would hold through all that, but then I got to 20/2/2020 where the price reached $41.14. Just over a month later the price bottomed out at $8.01, which was an 81% decline. That was savage and would test everyone I thought. Just 11 months after the low the price hit $160.05. I wonder how many managed to hold for that.

    I wasn't sure I could stomach a paper loss that big and I was hoping WBT wouldn't do this to us, but here we are. WBT's high of $9.03 to todays low of $3.02 is a 67% decline, so not as bad and over a longer time frame as well, making it less shocking. Still very testing though. The quality of the board, the clear communication and strategy that has been laid out, coupled with the fact this decline is not technical related (not a chip problem), merely a combination of delays and shorters has helped me ride it so far.

    Of course there is no guarantee WBT will be able to pull off the rise that APT had, but I am confident $9.03 is not the best WBT has to offer. Short term it may go lower, but having journeyed this far, I think I will stay the course.

    Best of luck all.
 
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