I don’t get why so many people get stressed about the SP action unless you are very short sighted.
Weebit Nano has insane potential, but currently no significant revenue and not profitable. In a macro environment with high interest rates a market cap >1B is ridiculously high, which makes Weebit an easy short target. No doubt we will get into multiples of the SP today in the future +5 years. But in the meantime one should understand SP can drop easily further from this point. No stress on my side, see you in 5+ Years.
Why is the share price bahaving like another cap raise is imminent?, page-15
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Last
$2.01 |
Change
0.110(5.79%) |
Mkt cap ! $379.7M | |||
| Open | High | Low | Value | Volume |
| $1.87 | $2.10 | $1.87 | $2.120M | 1.059M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2636 | $2.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.04 | 7882 | 1 |
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| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| WBT (ASX) Chart |