If the "tornado" of interest from some of the big names in semiconductors comes to pass, as Coby has alluded to in several of his presentations, it may be the case that initial revenues, sign on fees etc. will be sufficient to increase WBT cash reserves and push back the timing of any further cap raise beyond the 19 quarters runway that was in the most recent update. Its quite possible that WBT won't need to do a CR to cover operational spending ever again. A lot can happen in 19 quarters. That last CR they did at $5 was superbly timed to maximise cash raised whilst minimising dilution.
All IMHO, DYOR
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Last
$1.96 |
Change
-0.035(1.75%) |
Mkt cap ! $371.8M | |||
| Open | High | Low | Value | Volume |
| $2.00 | $2.00 | $1.94 | $393.0K | 200.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11189 | $1.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.98 | 3009 | 1 |
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| WBT (ASX) Chart |