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Ann: December 2015 Quarterly Report - Appendix 4C, page-23

  1. 1,224 Posts.
    lightbulb Created with Sketch. 1
    Yeah its hard to not sound like a ramper.....however......

    Market cap at $1 = $AUD170M

    Similar tech companies valuations:

    1) Covata (CVT), no revenue stated, big name agreement with Cisco = $140M, did go all the way to $300M valuation post agreement announcement.

    2) Adslot (ADJ), not cashflow positive yet, multiple partners for platform, $105M

    and there are more like this...

    It seem early stage tech companies are at least $100M market cap and usually up to $300M.

    A big name partner validates our technological statements, provides distribution strength and highlights our potential to professional investors who might not be too knowledgable about blockchain.

    So $1 not out the question!
 
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