Not disagreeing with your thought process Archie
The full embedded market is a lot bigger than the initial targeted market
Getting a foothold and acceptance of the tech is the first important step
Royalty Revenue is naturally some time away from this, but markets very much judge market value on potential,or projected revenue many years away
With respect to the discrete market there is a potential sweetspot target of some $US3bill where a selector is not required
There is no reason why if WBT is deemed suitable for replacement of flash in the embedded market, that its tech in this part of the discrete market is also viable
Longer term with a viable selector for the discrete market a huge market opens up
WBT is very much putting the building blocks in place to ultimately grow into all these sectors
Be very careful with just focussing on short term revenue, as this may not be the best way to look at the value of WBT
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