SPP strategy has been great over the past 12 months, hard to find a better risk-adjusted return
In terms of RSH you've hit the nail on the head- I expect Australian sales to be disappointing (they have given guidance of $6-8m revenue this year which I think will be difficult to achieve). Without validation of the product in the home market I believe the US and UK story will be harder to sell. These rollouts cost a lot of $$$ to execute and it's not as if they will suddenly become $ flow positive by launch date. In terms of SP I have no idea which direction it will go- but I am firm in my belief that the company is not funded to launch in US, so will be raising again sooner or later.
Concerns about pricing model haven't been allayed- no validation yet... I am not confident that many will be keen to pay $10 a month for 2-3 years for this app...
I don't see the valuation as justified right now until there is proof of the model in Australia (if no one wants the product in Aus why would they in US/UK?). If Australia smashes it out of the park then I'm happy to admit I am wrong until then just 1 share for me please.
I really do hope the product helps some people with their asthma but as a business I don't feel like it stacks up- time will tell... ALL IMO DYOR GLTAH....
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2.7¢ |
Change
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Mkt cap ! $34.68M |
Open | High | Low | Value | Volume |
2.7¢ | 2.7¢ | 2.7¢ | $1.276K | 47.27K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 750000 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.8¢ | 140364 | 2 |
View Market Depth
No. | Vol. | Price($) |
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2 | 750000 | 0.026 |
3 | 501055 | 0.025 |
3 | 128161 | 0.023 |
1 | 3245 | 0.021 |
2 | 1200000 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.028 | 140364 | 2 |
0.029 | 288085 | 4 |
0.030 | 372561 | 4 |
0.033 | 18333 | 1 |
0.034 | 400000 | 1 |
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