If they are only making $1M+ pa in 4 years, which is all they have to achieve, the share price will be lucky to be above 80c after 4 years in my opinion. I like the business model and potential though and do expect, if all goes well, revenues to grow much quicker than their performance share targets. My concern is it is in a very competitive industry and we have no idea what other start up competitors are out there doing similar offerings and there are no barriers to entry for competition.
Ann: DateTix surpasses Tinder in HK iOS download charts, page-14
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