Morning @ProCapitalism, you have been a LT holder and your research has been valuable. I have started digging more and convinced that use of AI in taxation is the future.
There is a very interesting article in Bloomberg - published in July 2023 but relevant for this discussion. Link below.
https://news.bloombergtax.com/daily-tax-report-international/how-tax-authorities-and-taxpayers-can-use-ai-tech-in-compliance
My reasons for investing in W2V
1. W2V has an established business model and is already generating revenue
2. Excellent R&D team
3. Backed by Alex Waislitz thru Thorney Investments who backed APT too.
4. AI in tax compliance is the future - not my view but many experts suggest this. This is obvious in an area like VAT where human intervention lead to errors.. I work for one of the largest Freight Forwarding companies in the world and I asked our Backoffice if this is useful and he is excited by the tech.
5. Stock market is forward looking and W2V valued at $20m will be a distant memory
6. The gap between big caps and small caps is huge currently - the right small cap will re rate.
7. I am a resource investor - W2V is outside my comfort zone but valuations and the potential has drawn me here.
- Forums
- ASX - By Stock
- W2V
- 20 bagger.
20 bagger., page-591
-
-
- There are more pages in this discussion • 256 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add W2V (ASX) to my watchlist
|
|||||
Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.739M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $6.691K | 669.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1444889 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 166218 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 1444889 | 0.009 |
12 | 4370727 | 0.008 |
3 | 620368 | 0.007 |
3 | 790001 | 0.006 |
4 | 1350000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 166218 | 1 |
0.011 | 1515623 | 3 |
0.012 | 400000 | 2 |
0.013 | 2238230 | 3 |
0.014 | 2737960 | 3 |
Last trade - 12.53pm 11/07/2024 (20 minute delay) ? |
Featured News
W2V (ASX) Chart |