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An update from Weebit Nano Ltd. ( (AU:WBT) ) is now available.
Weebit Nano Ltd has issued a correction to a previously lodged Appendix 3Y relating to director David Perlmutter’s holdings, clarifying that an earlier disclosure understated the number of ordinary shares held by IBI Trust Management as trustee for Perlmutter. The revised notice increases both the pre- and post-change share figures attributed to the trust, ensuring the company’s director interest reporting aligns accurately with Perlmutter’s actual equity position and reinforces compliance with ASX disclosure requirements.
The most recent analyst rating on (AU:WBT) stock is a Hold with a A$5.50 price target. To see the full list of analyst forecasts on Weebit Nano Ltd. stock, see the AU:WBT Stock Forecast page.
More about Weebit Nano Ltd.
Weebit Nano Ltd is a semiconductor technology company that develops and licenses advanced non-volatile memory solutions based on its proprietary Resistive RAM (ReRAM) technology. Its products target high-performance, low-power memory needs across applications such as artificial intelligence, Internet of Things and wearable devices, automotive, industrial automation, robotics, and neuromorphic computing, aiming to offer faster, more energy-efficient and cost-effective alternatives to traditional flash memory that can be readily integrated into existing chip manufacturing processes.
Average Trading Volume: 1,056,637
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.03B
For an in-depth examination of WBT stock, go to TipRanks’ Overview page.