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2.2¢ complii fintech solutions ltd

MOU2 and MOU3, page-88

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malmanu

16,495 Posts.

777

04/02/17

17:55

Post #: 22373882
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Originally posted by malmanu ↑

What does it really matter Mou 2,3,4,5,6,7,8,9 , it still doesn't justify the current 95m market cap ( shares plus options well in the money , not including the 500m performance shares )

250m performance shares are issued if IAM achieves aggravated net profit after tax of $1m by jun2019 and another 250m performance shares if IAM achieves aggravated net profit after tax of $4m by jun2019.

I think they will achieve aggravated net profit after tax of $1m by jun2019 but not sure about achieving aggravated net profit after tax of $4m by jun2019 . So if another 250m shares get issued in say 2018/19 it puts the market cap up to $111m at 6.4c. I think current fair value for IAM should be somewhere around $30m to $40m until we see revenue and advice firm growth.

Look at one of their competitors , VBP Back Office Solutions who are expanding fast , they now have 55 advice firms as clients , up 83% from a year ago. Will IAM offer a better deal and service than VBP Back Office Solutions.

See VBP Year in Review 2016 video at https://www.facebook.com/vbpbackofficesolutions

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Meant to say aggregated instead of aggravated but some will see my post as aggravated anyway.

IAM Price at posting: 6.4¢ Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 2.2¢		Change 0.000(0.00%)		Mkt cap ! $12.58M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	1025000	1.8¢

Sellers (Offers)

Price($)	Vol.	No.
2.2¢	541902	3

View Market Depth

No.	Vol.	Price($)
1	1025000	0.018
1	100000	0.017
1	50000	0.016
1	250000	0.015
1	80000	0.012

Price($)	Vol.	No.
0.022	541902	3
0.023	727	1
0.024	125000	1
0.029	6007	1
0.030	1278484	4

Last trade - 16.12pm 07/11/2024 (20 minute delay)

CF1 (ASX) Chart

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