Weebit - 2021and beyond, page-7849

ASX returns up till 2020.

	Year	ASX 200 Return
1	2010	1.26%
2	2011	(-10.84%)
3	2012	19.88%
4	2013	19.88%
5	2014	5.31%
6	2015	2.25%
7	2016	11.45%
8	2017	11.46%
9	2018	(-3.13%)
10	2019	23.02%

Whilst 22% P.A. is on the high end it's not without precedent. No doubt pullbacks will occur from time to time, but in my experience any serious drop usually comes from an external shock like the GFC or the occasional world wide pandemic. The likelihood of another one of these coming along between now and a commercial/fab agreement is remote IMO. As I have said before, the most immediate near term concern for the SP would be WBT not meeting the market expectation of an Aug/Sept announcement for these agreements. A lot of holders are already on edge (and in the red) from the original January timeline not being met. I believe another delay would see a lot of holders start to lose faith which would likely result in substantial sell off. This is the real risk in the short term IMO. GLTAH.