The IP is only worth something if there is a lucrative need for it.
All the evidence points to it be very much ho hum.
It has been investigated by over 130 companies since at least 2010.
Noone is buying it.
Hence the plan to buy a company to sell its products.
That seemed to be the company's first admission of defeat.
That noone was buying it's technology so it planned to buy a company to use it's technology.
Now, it hardly seems a credible idea with such a small market cap and little cash to buy a company that is cash flow positive.
It's now hanging on a POC1 deal which in reality, I am sure will be overstated revenue wise.
All in my opinion and DYOR
The IP is only worth something if there is a lucrative need for...
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Last
2.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $50.57M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.3¢ | 2.1¢ | $38.09K | 1.731M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1505316 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 676543 | 1 |
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| Last trade - 15.57pm 03/05/2024 (20 minute delay) ? |
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Last
2.2¢ |
Change
-0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 2.2¢ | 2.3¢ | 2.2¢ | 764931 | ||
| Last updated 15.55pm 03/05/2024 ? | |||||
| ADO (ASX) Chart |