ID8

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1.1¢ identitii limited

Ann: H1 FY21 Report Presentation, page-46

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davo128

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26/06/21

09:20

Post #: 54086825
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Originally posted by davo128: ↑

Just want to make comment on my views

- ID8 is growing rapidly
- They will continue to improve and evolve
- They have a 5 year deal with Mastercard in the backend rails ( Name a company that has that)
- The strategy is becoming clearer.
- We have cash for at least 12 months if not longer.
- It is evolving from a RnD company to commercial of the tech they hold

It is clear that the page around how success looks like is now front and centre around what they want to achieve.....

Clearly this has been put in multiple releases now, so one should be able to appreciate this is the expected goal.
Due to the ASX they clearly aren't able to say this is the goal we are going to hit.

1) The expectation is an corresponding network will be signed in 2021
2) that they sign 5/6 regulatory reporting deals
3) HSBC relationship with expand
4) Payble product will evolve and hopefully get more investment from CBA investment arm

Regtech is growing space.

Now if 1) above is done we are looking at substantial revenue increase. We probably automatically go from say $25 M market cap to say at least $ 50 to $70 million just as a starting point.....

The first corresponding deal is always the hardest, the tech is unique the deal is done with Mastercard. That alone is still more SOW coming along.

From my perspective the risk/reward ratio here based on all the above is worth the investment.

Can they sell the story better, sure but let's not forgot this is golden opportunity for those involved to invest in this company still at its early days.

Once marketing, strategy, and deals are all aligned and rocking we are talking at least $100 M dollar market cap. The rest is blue sky.

The only competitor is the bank themselves, and frankly they can ill afford to spend years and years building this out themselves.

Please do own research, but fair to say without hesitation my conviction on this stock is still very strong, and will continue to be.

DYOR

Expand

this is the targets they are looking to achieve.

These deals take time.....
I Would expect over the next 2 months they will get a few overlay Austrac deals over the line....
Inbetween these announcements stock is going to swing based on overall market sentiment, tax EOFY.

Ideally sooner would be better, but its just the nature of enterprise sales cycles.

ID8 Price at posting: 9.3¢ Sentiment: Buy Disclosure: Held
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Last 1.1¢		Change -0.001(8.33%)		Mkt cap ! $6.615M

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Ann: H1 FY21 Report Presentation, page-46

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Ann: H1 FY21 Report Presentation, page-46

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