WBT 3.04% $3.19 weebit nano ltd

I can shed some light there. Although i hold a tiny parcel...

  1. 1,029 Posts.
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    I can shed some light there.

    Although i hold a tiny parcel currently, only 10,000 kept out of profits from the radar iron days. I consider myself out of wbt for now because......

    1. Time: realistically, substantial revenues required for sustained growth could be still 1 to 2 years away. Alot of money can be made elsewhere without capital tied up on a flatline for that long, potentially giving an opportunity for more leverage in wbt at a later date.

    2. Dilution risk: there's still a way to go in the r+d area which is hellishly costly and although things are travelling well now, even a minor setback could result in millions in extra capital being required. There's plenty of huge mcap companies still scratching for pips on their sp because of blowouts in r+d costs requiring massive share issues.

    3. Knowledge: the average investor
    (myself included) doesn't know sheet from clay when it comes to reram, memory, computer hardware Yada Yada yada. And so we really don't have anymore to go on other than weebit nano themselves telling us how good it is.

    I have every intention of making a big play at this further down the track but i think the 5cent price range will be around or at least revisited regularly for quite some time yet.

    If i have to pay more, so be it, but i will be happy to knowing that at least some of these unknown risks are closer to my tolerance level. Paying a bit higher price for peace of mind is no different to paying insurance premiums on your other assets.
 
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$3.19
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3 19867 $3.19
 

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$3.20 4150 1
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