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07/01/14
07:46
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Hi All,
Thought I'd start a new thread with all of the important information in one spot.
I will post more info later but here's a summary of some of the info that has already been posted on other threads to get things going:
- As the thread titles points out: $5M MC, $3M Cash, $2M EV;
- Only 25M shares on issue, of which 6M are escrowed, so makes the free float even smaller;
- HomeOpen App to be launched any time now (touted to be better than realestate.com.au);
- Serious App development/financing/acquisition company but without anything it is cheap just as an IT shell;
- Recent IPO oversubscribed by more than 3 times.
This is way too cheap in my opinion and it looks like the market is waking up.
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