"It's very hard to read how this stock will behave when the fair dinkum buyers arrive."
Oh mate, it's a sight to behold. Those of us who saw it race up from a low of $0.265 in July '20 a high of $4.27 six months later in Jan '21 will well remember what an exhilarating ride it was! (you can check the historical data on this link https://au.investing.com/equities/radar-iron-ltd-historical-data ) ... and look how far the company has come since then?!
This time when it races up like that to even higher levels it will be on the back of news that will confirm mass production and revenue generation next year. Flight summarised the near term news we might expect in his post yesterday which I have copied below:
1. Tape-out to SkyWater
2. Qualification of the SoC chips from Leti
3. R&D news regarding 22 nm project
4. Customer signing
5. Additional fab signing
You sell/trade this stock at your peril.
.
Weebit - 2022 and beyond, page-1245
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Last
$2.30 |
Change
-0.010(0.43%) |
Mkt cap ! $434.5M | |||
| Open | High | Low | Value | Volume |
| $2.33 | $2.34 | $2.30 | $1.096M | 476.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 501 | $2.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.31 | 14000 | 1 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| WBT (ASX) Chart |