WBT 5.83% $3.27 weebit nano ltd

The date for security holder meeting/approval is next...

  1. 196 Posts.
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    The date for security holder meeting/approval is next Wednesday

    The record date is the following Monday

    It’s a 25:1 consolidation

    https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvTDYD4gi4zBSZt%2FVtke92GA%3D%3D

    I agree, I think consolidation is a tacit precondition to partnership and one that may even involve a 10-15% equity investment in WBT.

    I say this based on Coby’s public comments about what they hope to get from a “key industry partner”. The answer as memory serves was somebody WBT could develop the tech with and for, as different chipmakers have different needs.

    As WBT is going for a low-cost and high-volume production scenario, this narrows it down to one of the larger chipmakers imo. -And they will no doubt want to become a substantial shareholder and have a seat on the board.

    Opinion only, not advice, dyor etc
    Last edited by order: 06/02/19
 
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