Hi mate, this is pulling in revenue, it's growing its customer base & it operates in an industry that's needed by other businesses.
It could be a break-even or cashflow positive within the next 12-24 months, but it has a MC under $20M.
I spoke about this the other day, AKP was listed 20 years ago, it's never produced a marketable product and has never pulled in any significant revenue. The complete opposite of W2V!! Why does AKP have a MC of $200M?? It's 10 times bigger than W2V!! Why? It hasn't done anything in two decades!! W2V has been able to do in 2 years what AKP hasn't been able to do in 20 years. It astounds me. There are many more companies like AKP on the ASX.
Below is an example of the kind of money W2V can get back for their clients. 400K pounds converts to AUD$770K. This is the kind of transaction W2V gets their commission from.
You're right, there's still a lot of work ahead, but W2V is heading in the right direction.
A fintech company with AI technology under a MC of $20M sounds crazy to me.
20 bagger., page-582
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Last
1.3¢ |
Change
0.002(18.2%) |
Mkt cap ! $11.36M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $68.82K | 5.600M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8500000 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 711435 | 2 |
View Market Depth
| Last trade - 16.10pm 27/05/2024 (20 minute delay) ? |
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Last
1.3¢ |
Change
0.002 ( 13.0 %) |
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| Open | High | Low | Volume | ||
| 1.2¢ | 1.3¢ | 1.1¢ | 4132650 | ||
| Last updated 14.15pm 27/05/2024 ? | |||||
| W2V (ASX) Chart |