IWG 0.00% 4.0¢ iwebgate limited

Ann: Capital Raising, page-8

  1. 639 Posts.
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    I would assume a sophisticated raising otherwise a prospectus would have been needed. Given it was a 10 day delay, makes me think it was more than just being able to get funds together.

    TLS is a option to sell IWG through the customer database, yes it isn't guaranteed revenue, the product still needs to sell. But everything is in place for the use of IWG to be charged billed easily for existing TLS customers. I find it hard for people not wanting a security product for their business which may be prone to attacks. I will be signing up once it is launched so that will be some revenue... In a work environment anything I can add on to protect against cyber attacks I will sign up for and my thinking is other TLS customer will be the same.

    I think investors need to forget share price, market cap etc here. Think of what they are selling and the channels they are selling through here and think will people want it? my answer is yes...
 
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