MSP 0.00% 2.9¢ maxsec group limited

profitable biometric security microcap

  1. 12,525 Posts.
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    One of those rare occasions when a share price seems far too good to be true, but isn't.

    $1.7 million cap
    $1 million cash
    Debt free

    1c stock price
    Placement done 4 months ago at 2.5c

    Sales underway of biometric authentication devices - they are past proof of concept and past prototype and are pulling in annual revenues of double its market cap

    Profitable - $187k for the financial year just gone
    Next quarterly I think will be a massive, massive wake up call - large volume of sales not invoiced prior to June 30 but being invoiced this quarter.

    One of my highest conviction buys of all time at current prices - buying MSP now is like buying ANO at $0.008 in March.

    Expecting a similar tripling of share price in a similar 6 month time frame.
 
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Currently unlisted public company.

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