Just imagine you would read the above and more in a prospectus for an IPO and they would want to float at say 20c/share or even 50c, would you be surprised in any way? Knowing the importance of cobalt and copper in the future EV market, would you want to invest some of your hard earned? I would suggest there are plenty of investors/sophisticated investors who would want to be part of it, even at those levels!
Really there isn't much difference here, because all the steps that need to be taken for WFE are quite similar to those to an IPO. How long does it usually take for an IPO to get of the ground? Anyway I'm quite happy to wait until all is bedded down and WFE can come back with a bang up the SP charts!
WFE Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
