Just my take on the current SP, sitting around 2 cents.
WBT's CEO Coby Hanoch has repeatedly stated that commercialization and revenue from sales of this technology will not begin until 2021.
If / When this occurs in 2021, the SP will be in the $, not cents, however if this does not occur, it will be worthless. This is the risk reward that is on the table here, there is not much middle ground, if any.Between now and 2021, there is going to be lots of small ups and downs, sure we will see some spike on the 28 nm announcement and a commercial partner or two when they come on board, but no rags to riches on offer for the short term investor.
Personally, I like the WBT story, am completely amazed and astounded by the calibre of people who are running this show (high profile industry heavy weights running a 2 cent play on the ASX ???????) and feel that this is as good a long term investment/gamble as I have encountered, albeit one with inherent risks to factor in.
The lower the SP is, the lower the risk and the greater the reward if this hits its targets in 2021. Simple maths, the lower the SP is today, the more shares I will have in 2021 when they will be worth a life changing amount or nothing at all. With my own policy of only gambling what I can afford to loose, this relatively low SP suits my investment strategy to the tee.
Good Luck
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Just my take on the current SP, sitting around 2 cents. WBT's...
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