WBT 3.04% $3.19 weebit nano ltd

Ann: Consolidation/Split - WBT, page-23

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,577 Posts.
    lightbulb Created with Sketch. 245
    "Looks undervalued atm to be honest."



    Now there's an understatement! The company is making great strides forward. It announced the move to 300mm wafers at 28nm is imminent and a great partnership with Silvaco (a company that knows a good thing when they see one!) which will "accelerate the incorporation of Weebit Nano’s ReRAM modules into advanced semiconductor designs",


    Then it announces a consolidation in order to attract a new class of investors and suddenly the sky is falling, the sky is falling. This company is not one with an unproven tech or poor management. There will be some very sorry sellers in the near future imo ... those that failed to ask themselves ... "Why is the company in such a hurry for the consolidation to happen?"


    With that ... I will be taking a holiday from this forum. See you when the next partnership is announced.  

     
 
watchlist Created with Sketch. Add WBT (ASX) to my watchlist
(20min delay)
Last
$3.19
Change
-0.100(3.04%)
Mkt cap ! $353.2M
Open High Low Value Volume
$3.31 $3.45 $3.18 $4.002M 1.207M

Buyers (Bids)

No. Vol. Price($)
3 19867 $3.19
 

Sellers (Offers)

Price($) Vol. No.
$3.20 4150 1
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
WBT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.