If the numbers are as good as you expect? Mate, you either had very low expectations or you're in for a rude awakening where the revenue is significantly less than what everyones expectations were based on ASX announcements released by EM1.
Financial institutions would have zero interest in this stock.
A produce / service that next to no one is using.
Almost all revenue is from a single source.
Expenses on the increase as they venture into different areas that don't generate revenue.
Spending $1,000,000 a year in prizes as per agreement.
etc.
Based on current arrangements.. they'll be lucky to make $1 million AUD net profit for the 21/22 financial year.
Looking forward to the 4D in March to get a clearer picture of whats going on.
Ann: Response to ASX Query, page-82
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Mkt cap ! $6.903M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
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