NEW TO  INSIDEMARKET.NET
"BEHIND THE ANNOUNCEMENT" SERVICE.
Evolving disruptive technology companies make many announcements.
Some are technically complex and not always easy to understand.
Others can raise more questions than they answer.
Some announcements leave you wondering about key issues, time frames or scaling impact, especially if you're an investor or considering to become one.
Getting fast and easy to understand answers to these questions is what our latest service "Behind the announcement" is all about..
Editor Phil Carey will do interviews with leading CEOs to bring you the real story behind the company's most recent announcements.
For the next month, all of our subscribers will get a sneak peak at this exciting new addition to Insidemarket.net
"I hope you find our new "Behind the Announcement" interviews not only interesting, but valuable."
Kind regards
Phil Carey - Publisher & Founder 
InsideMarket.net
STILL A FREE SUBSCRIBER?

Here are some things you're missing out on.

LATER TODAY

Behind the announcement with 9Spokes Adrian Grant on their Bank of America announcement.

Paincheck CEO Philip Daffas chats from Europe.

COMING SOON. A six part series on how Bailaldor Technology, Australia's only pure tech, listed investment fund, selects companies to invest in.

WHY DOES GOOD NEWS SOMETIMES HAVE A SEEMINGLY NEGATIVE EFFECT ON SOME STOCKS?

Published to Premium Subscribers on Thursday 20th August 2019

As all Insiders know, the stockmarket can be fickle, to say the least!

But if you are CEO of Weebitnano (ASX:WBT), the past few months must have been down-right infuriating.

 

The company is a leader in the development of next-generation computer memory technology, specifically ReRAM storage.

 

It claims that their tech is not only proven but more appealing than the competition because it uses the same base materials used in all chip manufacturing today, Silicon Oxide.

[More on the Weebit business at the bottom of this post]

In the last three months, Weebit has made four significant announcements, that, by many measures should have had a positive effect on the share price.


Yet the share price has gone down and is currently trading around an almost historic low.

RECENT WEEBITNANO ANNOUNCEMENTS

  • Weebit Nano appoints Kitec Design as Korean market representative

  • Weebit Nano and Leti file two new patents optimizing ReRAM performance 

  • Weebit Nano and CEA-Leti to demonstrate brain-inspired neuromorphic demo 

  • Weebit Nano and XTX Technology sign a Letter of Intent 


Most recently Weebit announced they've signed a Letter of Intent with a Chinese software developer, XTX and, through the relationship, is working with a Tier Two company to develop a solution to use their tech to embed into one of the potential customer's product.

XTX is a semiconductor company and according to Weebit, a leading provider of flash memory chips, providing a variety of different Flash-based Non-Volatile Memory (NVM) solutions to about 2,000 customers.

So what happened to Weebit's share price after the LoI XTX news? You guessed it. Down.

I caught up with CEO Coby Hanoch recently and we discussed the market's reaction to their recent announcements. We also explored their work on developing the Tier Two, embedded chip project.

 

 

 

 

 

 

 

 

 

 

Since recording this interview the company has gone into a trading halt pending a capital raising.

 


Weebit Nano is a leader in the development of next generation computer memory technology, and plans to become the new industry standard in this space. Its goal is to address the growing need for a significantly higher performance and lower power computer memory technology. Weebit Nano’s ReRAM technology is based on fab-friendly Silicon Oxide, allowing the company to rapidly execute, without the need for special equipment or preparations. The company secured several patents to ensure optimal commercial and legal protection for its ground-breaking technology. Weebit Nano’s technology enables a quantum leap, allowing semiconductor memory elements to be significantly cheaper, faster, more reliable and more energy efficient than the existing Flash technology. Weebit Nano has signed an R&D agreement with Leti, an R&D institute that specialises in nanotechnologies, to further develop SiOx ReRAM technology 

 
We do not recommend or advise to buy or sell shares in Weebitnano. The InsideMarket Private Fund does not own shares in Weebitnano at the time of publishing this post. We also have not received any payment from the company for this coverage. Disruptive technology stocks should be considered very speculative, high-risk, and extremely volatile. There are significant risks inherent in developing new technologies that are not discussed here. You should always seek professional advice before considering any share purchase or sale. Please read our full disclaimer.       

  • LinkedIn Social Icon
  • Twitter Social Icon

Through our InsideMarket Tech Fund we may have holdings in companies we report on. However, we do not receive any payment for coverage on insidemarket.net