Obviously, SP can go down from here, but the downward risk is limited IMO, as the macro events favor WBT:
• In an unstable world, the economy in Israel looks very resilient, which is in favor of WBT.
• With TSMC as one of the most significant competitors, and the (small) risk of China invasion in Taiwan, this could push fabs/customers to Weebit.
• In a world with rare earth scarcity (and subsequent high prices), the adoption of rare earth free NVM in the coming years could accelerate.
• with lots of tech companies cutting jobs/reduce hiring people, there is less risk for small companies like weebit to loose talented people.
Good times ahead
Weebit - 2022 and beyond, page-2014
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Last
$1.86 |
Change
0.080(4.49%) |
Mkt cap ! $351.3M | |||
| Open | High | Low | Value | Volume |
| $1.78 | $1.88 | $1.78 | $723.4K | 393.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 840 | $1.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.86 | 19023 | 2 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| WBT (ASX) Chart |