I should add ... around the time SkyWater/WBT partnership was inked, SkyWater's share price was around $30. As posted above it fell to sub $5 on the back of a less than favourable earnings report which no doubt led some WBT investors to understandably question the wisdom of signing with SkyWater. Well how the worm has turned.
What some didn't perhaps fully understand is that SkyWater dedicated a production line to WBT knowing that it would not be producing revenue for at least a year. Well tape out has been successful and qualification is underway. SkyWater will be mass producing Weebits for their customers next year and revenue will flow to both companies.
WBT shares will re-rate upwards going forward and we will look back over the past few months as having been a golden opportunity to add to our holdings at bargain prices. I certainly have added to mine at every opportunity.
Not financial advice ... my opinion only.
WBT Industry Related Off Topic., page-359
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Last
$2.38 |
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Mkt cap ! $451.9M | |||
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