WBT 0.43% $2.30 weebit nano ltd

From the Frost report Valuation – We estimate Weebit’s monthly...

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    From the Frost report
    Valuation – We estimate Weebit’s monthly burn rate to be approx. AUD$1.2M. Weebit’s current cash
    position is strong mainly after the recent raising. This significant figure will support the company’s
    strategy and plans throughout 2022-2023, with no additional need to raise more capital .

    In these trying times in the world markets , its good to know we have a warchest of close to $50 million to see us
    through .
    Not to forget our R and D refunds from the French Govt ,
    Should put the capital raise theorists to bed for a while .
    Aimo

 
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