WBT 0.82% $3.65 weebit nano ltd

Thanks for sharing.Given the performance of a number of similar...

  1. 206 Posts.
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    Thanks for sharing.

    Given the performance of a number of similar stocks in the last year I do find this concerning and would appreciate any more information you can find.

    I went through my thesis on this stock again recently, in particular with regards to the potential of a lifestyle company.

    I came up with these arguments for and against:

    (note that none of the below are evidence, purely consistencies/contrasts to other shares I've had)

    For:
    - unnamed collaborations with no received money
    - reference to deals that are perpetually set back
    - large sales by major owners without much logic with regards to business path
    - connected/previously connected board members with negative reputations


    against:
    - international board with a huge reputation that would stand to lose a great deal from being involved with such a company
    - physically deliveries (public demonstrations of product)
    - collaborations with a well established institution
    - clear and prompt responses to shareholder queries


    undecided:
    - business path- I feel like this is a little inbetween as the business path has changed on us somewhat workout any clarity, but the rationale does seem reasonable
    - use of funds- I would like to have known how much of the R&D spend had already been given to the customer proof of concept and how much to 28nm in the previous quarters but perhaps that's being a little optimistic.

    for me the 4 against are enough to trump the first 4, but it's certainly enough to give pause, and certainly a reasonable conversation for shareholders to have.


 
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Last trade - 13.46pm 19/03/2024 (20 minute delay) ?
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