WBT 4.76% $2.40 weebit nano ltd

on what basis would they need to do that?? - thankfully that is...

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    on what basis would they need to do that?? - thankfully that is not something we need to worry about (unlike alot of other companies at a similar stage!)
    As has been communicated numerous times the company is well funded:
    • Weebit remains well-funded with a strong cash balance of A$67.8 million as at 31 March 2024.(Q3 FY24 Quarterly Activities Report)
    • https://hotcopper.com.au/data/attachments/6174/6174065-f931ce7c9b4ecaa85c5f1a00af39743a.jpg

    and why would they look to raise at the current price??? (in hindsight the raise at $5 was a masterstroke - I remember at the time everybody was upset it was done so low)
    Last edited by oberte: 16/05/24
 
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