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Ann: Beating Guidance - Quarterly Activity Report & Appendix 4C, page-37

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wedgetailassets

129 Posts.

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18/01/20

15:44

Post #: 42451114
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Originally posted by glutenfree: ↑

All good points. This company might win me over at some point. The potential is there.

Couldn't understand the hype at the high of 33 cents on the 15th. Didn't make sense to me.

I'm here because I'm interested in potentially buying in the future, but only when I can justify it.

Based on the current numbers, the problem is that they are:
Still burning cash at a faster pace than the growth in cash receipts (at least for now).
Likely going to raise more capital soon (more dilution), possibly around June.
The high growth numbers are off a very low base (so of course the percentages will look great).

The next quarterly might turn things around? I know I'll be sticking around for it.

Assuming the market loves the next quarterly, it might be a good time to raise off the back of it.

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Don't sit on your hands too long. App creation bubble coming up i think, post buy now pay later bubble. App creation has great public visibility. Plenty of institutions jumping in pre and post IPO. APV spending like afterpay and tesla to secure growth numbers. public will buy this as easy as afterpay. IMO

APV Price at posting: 24.0¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

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