Everybody, take a deep breath....One respondent here believes an economic crash is imminent, but I say to you, everything has a value.
WBT has 172,303,933 shares X $2.40 = $413,529,439.
WBT has no income but it has years of Research, world leading IP, brilliant board of directors, numerous Patents and a whole company WORKING FOR YOU, all with one end goal....sell lots of IP. Now compare the Market Capitalization of WBT with any other company on the same trajectory, I see real value at these prices.
If you did buy at higher prices, yes it would gripe you. I am no soothsayer but I'm totally confident, when WBT announces further partnerships and sales, economic crash or not, share price will explode. All the ducks are lined up to take out historic highs. Take a peek at BRN - they have just announced a partnership, no income yet, but....Market capitalization for WBT I believe will follow a similar path.
Yes I did buy more today.
WBT Industry Related Off Topic., page-168
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Last
$2.00 |
Change
-0.040(1.96%) |
Mkt cap ! $377.8M | |||
| Open | High | Low | Value | Volume |
| $2.03 | $2.08 | $2.00 | $1.182M | 583.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 61665 | $2.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.03 | 807 | 1 |
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| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| WBT (ASX) Chart |