It's a no brainer to pick up more shares at this price. I picked up a parcel through my super at $5.65. Never thought I'd get the chance at this price again.
While I understand that sellers are waiting for an announcement, the fundamentals of Weebit remain unchanged. A qualification or customer announcement IMO will bring this back to $9 immediately. Further announcements after that will take it even further IMO. The market priced Weebit at $9 when it thought announcements were coming and nothing has changed except the announcements weren't as quick as some hoped. Coby's track record of being measured in his forward estimations tells me that when he said at the Melbourne investor presentation that qualification takes time however it is expected, and Weebit is talking to the majority of top 10 fabs and many customers, he has a track record of only saying something when he's very confident it will happen.
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