Pitt Street price target at $4.75 looks very light on in my opinion as the company becomes more and more de-risked with the arrival of each key deliverabel date - because they deliver!!
How impressive is Coby and the team.
From the interview
Basically there are two players in Reram space
- TSMC
- Weebit Nano
All other fabs need a solution and it isn't going to be TSMC sharing!
Industry analysis suggest 3 years of unbelievable market growth $0m to $500m US, then grow rapidly beyond.
Coby "We ARE going to be part of that!"Exciting times for a company that keeps on doing and delivering on what they say!
Weebit - 2022 and beyond, page-1469
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