Ann: Intiger Enters into 3 Pilot Agreements, page-165

Thanks @Ekulluke for tagging.

I had no intention of posting till your tag.
Enough had been said by many well-informed & intelligent ppl here. However putting aside any emotional attachment, let me add a few random thoughts.
(We all love the Intiger story, now 'what are the Numbers?)

A quick glance of qtrly and cba pilot updates:

1. CBA Pilots, sound good, non-binding.
2. Binding agreements would have been preferred, given all the BOOM2 talks/trials for last 3-4 months
3. Mkt Cap=$28.2m
1.345 B shares, 2.1c, cash $1.5m

4. EV =$26.7m

5. What is current & future - Revenue expectation? Profit expectation?

If current/future Revenue is

a)?$150k/qtr?, or
$600k/yr, then EV = 44.5 x Annual revenue

b)$1.2m, then EV = 22 x Annual rev,

c) $2.4m,.......11 x
....and so on.

c) Qn:
what is the acceptable x-factor : 10, 20,30,40,50....?

6. Everyone has to ask then decide :
$26.7m EV,
Is this 'fairly, under or over' valued?

7. When will Intiger make a profit?

Best wishes - Buy or Sell is your call.

Disclosure:
I have a portfolio of stocks in various tech sectors, incl cash, and Intiger is a very small %.

AIMO. DYOR