WBT 0.30% $3.35 weebit nano ltd

Will have my whinge of the day,What cheeses me off, Management...

  1. 6,756 Posts.
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    Will have my whinge of the day,

    What cheeses me off, Management selling after CR sinking price to were it is.

    Then 25-1 Can see why seeds have been selling. Will be interesting to see if they announce partnership before this is voted on. I'd bet a jam sandwich this happens, and we are over $2.00 when this happens, There has to be a sweetener for LT holders who have backed this from a pup Espcially know as wbt has been derisked some what.

    On the bright side at 3 cents with 1.6 billion, easier for Bots to fly under the radar, circle selling, to accumulate and keep shareprice stagnate. Daytraders ringing the life out of a pip. Like seagulls fighting over a chip.

    If you way up the downside risk at 3 cents its magnified the lower you go. Not hard to get to 1.5 cents for 50% loss 

    I look at share consolidations like rare coins or anything with limited numbers. The less their are the more people will pay.

    Long term I think we will get to ASX300 faster with less shares.



 
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