Damn, last bit of the video cuts off where Jacqui was just about to expand on her 5 year "global domination" plan! Maybe that's a good question to bring up in the AGM.Seriously, unlike any other stock, when you ever feel doubt creeping in as the share price "creeps" down you just need to watch one of Jacquis interviews. She has a very honest and open way of communicating that you can tell aren't just the traditional CEO "script". It's a trust game here right now. Do we trust in Jacquis belief and judgement on what's going on behind the scenes. Do we believe in our own DD and conviction in the stock. I'm sure there will be more mountains and valleys ahead and am ready for that. It feels like until Jaxsta gets more exposure to the wider investment community there will be high volatility in share price. But I think I'm OK with that. In my head I have an idea of the current market cap value, and at long as it sits under that (currently by a long way) then the stock is undervalued. When revenue kicks in there will be even more market cap value to add on top, and another rerate will be needed.
KeyKey points for me from that interview were:* 12 months of cash runway as it stands. Capital raise may be required (they've requested the 7/7.1 in the AGM for that outcome)* Songtradr commercialisation of deal and revenue opportunity begins in December (and I'm hoping that comes with an announcement as should be price sensitive that it's going live in the system?)
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Last
9.4¢ |
Change
-0.002(2.08%) |
Mkt cap ! $94.95M |
Open | High | Low | Value | Volume |
9.8¢ | 9.8¢ | 9.0¢ | $58.46K | 635.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 23194 | 9.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.0¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 72000 | 0.092 |
1 | 20000 | 0.091 |
1 | 20000 | 0.090 |
1 | 10000 | 0.085 |
1 | 10000 | 0.084 |
Price($) | Vol. | No. |
---|---|---|
0.100 | 50000 | 1 |
0.105 | 205431 | 4 |
0.110 | 554149 | 6 |
0.115 | 60000 | 2 |
0.120 | 447058 | 3 |
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