What I like about this business is that they have something tangeable to sell which has been methodically and technically improved to the point we are now in the final stages before market. This is a product upon positive testing will be wanted for its commercial value by all of the major players within the technology industry therefore it is likely a number of potential buyers will be lining up and hopefully start a bidding war.... this is where we will see the maximum value to the business and shareholders alike.
I have invested in software business’s in the past which have promised to change the world but software unlike hardware is a totally different scenario because they are trying to Sell a concept. We are not looking to create a new market but rather improve on an existing one by providing a far superior product and if successful that will sell itself.
I cannot even consider (on successful testing) placing a value on the product but even with my limited knowledge I would expect this to be in the A$100’s of millions as a starting point......
Good Luck All
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Last
7.6¢ |
Change
0.002(2.70%) |
Mkt cap ! $132.2M |
Open | High | Low | Value | Volume |
7.4¢ | 8.0¢ | 7.4¢ | $486.7K | 6.408M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 75000 | 7.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.6¢ | 17676 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 75000 | 0.074 |
8 | 1204771 | 0.073 |
7 | 991888 | 0.072 |
5 | 943487 | 0.071 |
13 | 1199061 | 0.070 |
Price($) | Vol. | No. |
---|---|---|
0.076 | 17676 | 1 |
0.079 | 61613 | 3 |
0.080 | 289841 | 4 |
0.081 | 111000 | 2 |
0.082 | 167756 | 3 |
Last trade - 15.20pm 04/09/2024 (20 minute delay) ? |
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