Here's one explanation from former Weebit Nano CEO Yossi Keret. I've read elsewhere that it is also easier to protect the company against hostile takeovers.
Here's one explanation from former Weebit Nano CEO Yossi...
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Last
$2.96 |
Change
-0.100(3.27%) |
Mkt cap ! $558.2M | |||
| Open | High | Low | Value | Volume |
| $3.08 | $3.08 | $2.96 | $1.630M | 544.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 13888 | $2.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.00 | 2552 | 4 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$2.96 |
Change
-0.100 ( 3.33 %) |
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| Open | High | Low | Volume | ||
| $3.05 | $3.05 | $2.96 | 98253 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| WBT (ASX) Chart |