But then how would you justify zip having a $1.5 billion valuation? They have never turned a profit either.
Or Afterpay on $8 billion?
Or Amazon valued at a +trillion?
It's a tech platform that will cost up to $600k, including the liabilities and assuming the earn out targets are achieved.
The new CEO says “This acquisition represents a positive addition to Nvoi’s product suite and reinforces our new growth strategy, adding key functionality that our clients and the market are looking for.”
So clearly, it was not a function of the Nvoi platform.
Also...
Share price up 15% since they announced the deal.
Share price up 90% since they raised money at $0.01.
Share price up over 500% since John Winters got involved.
These guys are creating (have created) significant shareholder value.
Isn't that their job? Isn't that what you want as a shareholder?
Wake me up at 5c please.
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- Ann: Acquisition of WorkConex Technology Platform
Ann: Acquisition of WorkConex Technology Platform, page-17
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Mkt cap ! $3.484M |
Open | High | Low | Value | Volume |
18.0¢ | 18.0¢ | 17.5¢ | $4.668K | 25.96K |
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No. | Vol. | Price($) |
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1 | 20125 | 17.5¢ |
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Price($) | Vol. | No. |
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1 | 9898 | 0.170 |
2 | 30500 | 0.165 |
1 | 50000 | 0.160 |
1 | 43332 | 0.150 |
Price($) | Vol. | No. |
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0.180 | 43485 | 3 |
0.185 | 25000 | 1 |
0.195 | 25000 | 1 |
0.200 | 52767 | 2 |
0.205 | 20000 | 1 |
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