WBT 1.34% $1.85 weebit nano ltd

Weebit - 2022 and beyond, page-8

  1. MTV
    1,807 Posts.
    lightbulb Created with Sketch. 615
    There is a lot of talk on this forum bemoaning the current SP of Weebit. I would like to inject some perspective:

    https://hotcopper.com.au/data/attachments/3946/3946046-18be8271c981169921ca8aa350098722.jpg

    This is a chart of the SP from just after RAD announced the planned reverse take-over of WBT, up to the present. As someone who has held the stock for the entirety of this period, I can say that the current SP is not low in historical terms. It is 10 times the price of 18 months ago, which I for one am very pleased about, as back then I was sitting on about a 60% loss. In fact for at least half the time I have held WBT I have been sitting on a loss.
    How do you objectively assess the value of a stock like WBT?
    It is certainly a very good bet IMO, but I wouldn't pretend to know it's 'true' value. It is not something that is knowable.
 
watchlist Created with Sketch. Add WBT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.