In short, they are one announcement away from a quick rise to 4.50 and above. That announcement needs to be of a significant commercial nature not just some continued improvement in their tech. We know they are on the 'cusp' of generating significant revenue. The market won't respond with any significant rise to the SP until Weebit announce serious commercial contracts. Until that happens we'll stick in the 3.80 to 4.20 range or there about.
Let's hope they don't turn out like BrainChip. They're friggen duds.
WBT Price at posting:
$4.07 Sentiment: Hold Disclosure: Held
(20min delay)