WBT 2.75% $1.87 weebit nano ltd

Weebit - 2023 and beyond, page-32

  1. 1,061 Posts.
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    WBT keep meeting the indicated milestones in the time-frame expected. That is a big plus.
    They have made it clear they are focused on embedded first, and they now have an 8mb module.
    The embedded memory market appears to be worth $1b. At 22nm WBT appear to have a market edge once they can get into production..
    I am hoping for/expecting that fabs/customers will come in a cluster and there will be news in 1H as implicit in the previous milestone announcement. IMO. DYOR.
    In March/June the S&P have re-weighting of ASX300.
    Before COVID/Ukraine you needed an MC of about $1b.
    Now there are over 50 companies with less than that with 10 less than $700m MC
    WBT are at around $560m MC, so a 30% price rise by June would put WBT in the running for ASX300 membership.
    Note S&P take into account the previous six months share price.

    Please DYOR.

 
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