Yes that's great.
IMO it's looking like a great long-term hold from here.
I've got to say there seems to be little discussion around Agrichain phase 1 being completed or near to it.
As per the announcement phase 1 involved rolling out to 100 clients resulting in up to $1,100,000 revenue per annum. This is just the first little probe though.
Phase 2 gets underway early this year so I'm expecting an announcement confirming phase one completed successfully and launch of phase 2 to all Agrichain users of which there are over 10,000.
Yes a lot of us long-termers were in early, seem we are on the cusp now. Poised for broad uptake by Carpet Court, eBev, Capricorn, Agrichain et,al. This is all announced and contracted, so it's going to happen. Just waiting to get the update on Capricorn POS flows when we're ready for that.
Further to this as mentioned in one of the presentations at the time they had 10-12 other franchise node and spokes waiting in the pipeline. That's just franchise node and spokes. Ponder that.
Then think about Agrichain with grains being the first commodity they are going after. Big flows just from grains and Graincorp members use Agrichain. Confirmed with Andrew Negline, a highly reputable source of information. See below:
What other commodities are there? Grain is just the first off the rank like Carpet Court was for Franchise businesses. Great discussion point here if anyone is interested?
See the image below for entry into new verticals. As we know, eBev was announced as the hospitality vertical. They mention grocery here which hasn't been announced yet. Watch this space I guess...
Also this image indicates that revenue is weighted over the next 6 months. Looks like they'll be finishing off the FY23 strongly. End is only 5.5 months away!
There's just soo much to unpack here and research on. I'm now wondering what the next commodity is going to be? I'm wondering who the +10 other franchise node and spokes are? I'm wondering who the grocery node is? I'm wondering who the first overseas based node is going to be?
Too many thoughts!
Hope everyone is having a great day, time and patience my friends ❤️
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