WBT 0.61% $3.27 weebit nano ltd

Ann: Consolidation/Split - WBT, page-13

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  1. Mer
    379 Posts.
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    Clem


    point 1, yep, as they said . . .  The Company believes the consolidation will provide thebest platform for continued growth, and a capital structure that is more in line with the Company’s sizeand maturity. In addition, the Company has received advice that a higher share price level is moreattractive to institutional investors. . . they want that higher price.


    point 2, how do we know a partnership announcement is looming?  Not trying to be pointed, just not sure how we know this is about to happen.  I like to think so, that they're looking to consolidate and head north of a dollar, but I'm just not sure that there are any more deals about to happen.  



    Cheers

 
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