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Weebit Nano Ltd. ( (AU:WBT) ) has issued an update.
Weebit Nano Ltd. announced the results of its 2025 Annual General Meeting, where all resolutions were passed by poll. However, the company received a ‘first strike’ under the Corporations Act 2001 as more than 25% of votes were against the adoption of the 2025 Remuneration Report. This outcome could potentially impact the company’s governance and stakeholder relations, highlighting a need for addressing shareholder concerns.
The most recent analyst rating on (AU:WBT) stock is a Hold with a A$4.00 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 prominent developer and licensor of advanced semiconductor memory technology, focusing on its innovative Resistive RAM (ReRAM). This technology is designed to meet the increasing demand for higher performance and lower power memory solutions in various electronic products, including IoT devices, smartphones, robotics, autonomous vehicles, 5G communications, and artificial intelligence. Weebit’s ReRAM offers advantages such as speed, cost-effectiveness, reliability, and energy efficiency over traditional flash memory solutions.
Average Trading Volume: 1,027,580
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$727.1M
For detailed information about WBT stock, go to TipRanks’ Stock Analysis page.