SPX 0.00% 1.2¢ spenda limited

it's just the beginning for Cirralto!, page-5183

  1. 12,908 Posts.
    lightbulb Created with Sketch. 15762
    I Don't think you are at any risk with CRO in having to ' Justify a stupidly large market cap ' Namely because it going to happen anyway....biggrin.png

    And each ' PIP ' up at the current moment is equivalent only to adding $1,125,000 to the market capitalization. So if you really try and envisage a situation of where the on-boarding of EACH Customers will ADD at least $1 million per annum of Gross Transactional Income to the Business Model - Well that's then is only $2,739 per day or approximately $82,191 per month of transactions.

    And if we compare this to say the current Market Capitalization of $98 million , and divide this by the estimated 22,000 quoted customers - we would ONLY get $4,454 per customer per YEAR .

    And that number is only $12 per day or roughly $366 per month ......And we know that's way to low for this business right .....? So NO risk at all of justifying stupidly large market capitalization's with respects to CRO in my opinion......wink.png

 
watchlist Created with Sketch. Add SPX (ASX) to my watchlist
(20min delay)
Last
1.2¢
Change
0.000(0.00%)
Mkt cap ! $55.24M
Open High Low Value Volume
1.1¢ 1.2¢ 1.1¢ $9.396K 854.0K

Buyers (Bids)

No. Vol. Price($)
24 13826610 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 3486919 8
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
SPX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.