SMX 0.00% 26.0¢ security matters limited

time for a rerating , so much in the pipeline, page-31

  1. 87 Posts.
    lightbulb Created with Sketch. 50
    From $4.00 to $0.40 in under 18 months - not great. Expectation is high. announcements very positive and optimistic. But all it is in the end about revenue and profit. To get the revenue with SMX product you need 100's of millions of items to be marked as the price per mark would be some $0.005 - $0.01 - although 1 cent per mark is unheard of. That does not mean it is impossible. Marking gold or diamonds will not do it as the volumes will be very small, tens of thousands of units. It is however possible in the tax stamp sphere, security documents in large countries or high volume products. Simply - need a large, repeat orders volume government or high volume product global reach customers. It will be all about how good and strong the management will be in sales to customers who matter.
 
watchlist Created with Sketch. Add SMX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.