The mood was upbeat on March 13, when Weebit Nano investors gathered in a crowded room on Sydney’s Phillip Street to hear the latest from the company’s chief executive.
Shares in the micro-cap seeking to produce semiconductor memory chips were on a tear. That day, the stock closed at $8.22, shy of the month’s recent $8.75 high, but well above the $3.25 it had been trading at in January.
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Jemima Whyte writes on business, specialising in companies, capital markets and innovation. Jemima has reported on business for The Australian Financial Review for more than 13 years. Email Jemima at jemima.whyte@afr.com
