WBT 1.20% $2.54 weebit nano ltd

Weebit - 2021and beyond, page-8764

  1. 37 Posts.
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    Price predictions - I think we will see a short squeeze where they will need to cover 1.3M Shares, the sell side only has 350,000 shares and demand side has 4x that with 1.3M shares; announcement isn't even on ASX yet. Meaning Shorts will have to cover at a very large premium seeing a short squeeze. Once this hits the AFR and ASX this will be a very very sharp rise - similar to BRN's first commercial agreement which in my opinion was less significant. SkyWater is backed by DARPA which means U.S. Government Budget - could not be a better partner, other companies that use SkyWater Google, D-Wave (Best Prototype for Quantum Computers). Once the market wakes up to this, I think the price move will make Vulcan's $2.50-$10 look silly. GLTAH.
 
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