Forget $1.00 - $2.00+ Is Not Inconceivable, page-8

First 8 Last

Share
Profile

Follow
BuddyFox

1,796 Posts.

148

18/01/21

20:57

Post #: 50256958
Share

Originally posted by Anakin1706: ↑

Valuations are relative - so digest this:-

- Afterpay has a market cap of $38.13 billion
- ZIP has a market cap of $3 billion

IOU has a market cap of $87.8 million

IOU is compelling for number reasons including:-

- it operates in one of the fastest growing markets in the world - being SE Asia
- its shareholders / directors and management are well connected with significant financial institutions in the region
- the company is already gaining traction with major players / financial institutions in the region as stated in the Operational Update dated 15 December:-

"The Company has now received approval from a card issuing and merchant acquiring partnership bank of one of the two Payment Gateways which enables the Company to process BNPL transactions for its merchant customers using credit and debit card payments processed by the Company’s platform. The bank is one of Malaysia’s largest commercial banks with 7,000+ e- commerce merchants and 10,000 instore merchants."

- the company easily raised $10 million via a placement of shares at 16 cents (this sets a strong base for the share price)

- further positive announcements should flow by months end

So the question becomes what value do you put on a stock like this - well the conclusion has to be well north of $1.00

Thanks to all HC posters for their contributions and starting the $1.00 club thread - the potential is significantly greater - just look at the Market Caps of APT and ZIP!!!!

UP WE GO!!!!

Expand

So why isn’t it moving like Afterpay then?

IOU Price at posting: 17.5¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Finance school vs reality: What they don't teach you about the stock market

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Making money: How many microcaps should be in an investor's portfolio?

There are more pages in this discussion • 17 more messages in this thread...

First 8 Last

Add OVT (ASX) to my watchlist

(20min delay)
Last 3.2¢		Change -0.004(11.1%)		Mkt cap ! $64.96M

Open	High	Low	Value	Volume
3.9¢	4.0¢	3.2¢	$3.760M	107.5M

Buyers (Bids)

No.	Vol.	Price($)
4	2220860	3.2¢

Sellers (Offers)

Price($)	Vol.	No.
3.3¢	438633	2

View Market Depth

No.	Vol.	Price($)
4	2220860	0.032
8	1260276	0.031
8	1339393	0.030
11	2072234	0.029
6	1393006	0.028

Price($)	Vol.	No.
0.033	438633	2
0.034	3730303	9
0.035	2537424	8
0.036	4148273	10
0.037	2415727	10

Last trade - 16.10pm 28/10/2024 (20 minute delay)

OVT (ASX) Chart

Forget $1.00 - $2.00+ Is Not Inconceivable, page-8

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Finance school vs reality: What they don't teach you about the stock market

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Making money: How many microcaps should be in an investor's portfolio?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Forget $1.00 - $2.00+ Is Not Inconceivable, page-8

Top Stories

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Finance school vs reality: What they don't teach you about the stock market

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Making money: How many microcaps should be in an investor's portfolio?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News