Yes they could go to a $16 billion mcap..... $100 share price
Thats how the market works, if the smart end of town becomes convinced they have made a quantum leap and about o deliver it in computing they will back it to the moon and back.
You don't need massive revenue to be rated in the multi billions, you only need a product that the market is convinced will be raking in Billions in revenue with a few years.
Fact not fiction nor pump, just how it is
Weebit - 2021and beyond, page-4100
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Last
$2.50 |
Change
0.080(3.31%) |
Mkt cap ! $472.2M | |||
| Open | High | Low | Value | Volume |
| $2.42 | $2.54 | $2.41 | $1.358M | 543.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4262 | $2.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.52 | 27000 | 2 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| WBT (ASX) Chart |