"What isn't normal, however, is three capital raisings in the...

Except for the last one. A CR was called at 1 cent & the SP spent almost a month trading above 1 cent & as high as 1.4 cents.

"What isn't normal, however, is three capital raisings in the first 20 months of listing"

Yeah, that's not a good look at all. I never expected that. I was expecting cash receipts to be substantially higher than where they are now.

"So what if they have patented technology?....They have had it for years, yet it doesn't seem to have put other VAT solutions out of business."

So what? It's one of the biggest draw cards of this stock. The VAT reclaim market is huge, it might take W2V 100 years to put anyone out of business. Unless they get taken over by W2V.

"My biggest concern is that they have engineered a solution for a problem which doesn't really exist"

The VAT reclaim market is a vital part of the business world & they would want the extra cash in their pockets & not in government coffers.

Mergers & acquisitions are still on the cards as per the last presentation.


WAY 2 VAT LTD. (ASX:W2V) - Ann: Investor Presentation, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum