$5m mc, $3m cash, $2m ev, mobile apps

Hi All,

Thought I'd start a new thread with all of the important information in one spot.

I will post more info later but here's a summary of some of the info that has already been posted on other threads to get things going:

- As the thread titles points out: $5M MC, $3M Cash, $2M EV;

- Only 25M shares on issue, of which 6M are escrowed, so makes the free float even smaller;

- HomeOpen App to be launched any time now (touted to be better than realestate.com.au);

- Serious App development/financing/acquisition company but without anything it is cheap just as an IT shell;

- Recent IPO oversubscribed by more than 3 times.


This is way too cheap in my opinion and it looks like the market is waking up.