WAY 2 VAT LTD. (ASX:W2V) - Ann: Way2VAT receives $A625,000 R&D and commercialisation grant, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
"This is going down much further before there is any life to it. It has to grow its business 1000 times before SP goes 7 times to cross its listing price. Many many CR to see. May be a few consolidation. Shares would have gone 20 folds. Meaning, today if you hold 1% of the company, by the time SP moves back to its listing price, you will holing 1/20 of the same company."
By 2024 they expect to earn enough cash to payback grants. How? You've refused to answer that question multiple times now. Not everything that you've mentioned could happen in 18-24 months. Provide a coherent response. It's just not possible. More dilution could be possible, at some point in the future. We don't know when or how much. We also don't know how much the cash burn is yet or how much they're going to raise in this CR, @stormer will be providing us with a long, in-depth analysis when that news is released to the market. We'll all be listening intently & critiquing it as well.
WAY 2 VAT LTD. (ASX:W2V) - Ann: Extension of Share Purchase Plan Closing Date, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
Let's monitor how much cash they have this quarter & what the cash burn looks like, more importantly, how much the transaction volume has increased & the quality/quantity of new clients.
The cost of developing the IP was around US$20 million & that hasn't even been factored into the MC. The protected IP is what drives all the revenue for this company & it's an asset the company holds. In turn, this company would draw value from that asset.
W2V has a $5 million MC in an untapped VAT reclaim market of US$20 billion.
WAY 2 VAT LTD. (ASX:W2V) - Ann: Prospectus, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
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