WBT 1.21% $2.51 weebit nano ltd

Weebit - 2023 and beyond, page-1549

  1. 138 Posts.
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    I am the same as you, been here a long time and believe in the company. I also share your concern about there not being enough time to fully meet that list, but I am not convinced the share price will be battered as a result. My reasoning is based on:

    1) We have completed a capital raise, which sees us with just under $100M in the bank. If this had not been done, then the question of delays would be amplified as it would then be a discussion of when we will run out of money.

    2) There are a lot of long term holders like you and me, who are prepared to hang on, because we can see in time the rewards will be worth it; and

    3) It is likely that at least 1 or 2 of the top 4 will be announced in the next 2 weeks, which should provide significant momentum even if the others on the list are delayed slightly.

    In the back of my mind, I also understand that this industry operates in secret and fierce competition. I suspect there are some agreements all but done, but the third party is insisting on secrecy to gain the most advantage over their competition. Just my suspicions though.

    When I get too impatient and start to get frustrated I like to look back 1 year on the chart to see where we were. On 15 June 2022 we closed at $1.97, so overall things aren't too bad. I just need to be patient and let good things happen.
 
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