Luke Winchester's 'Most Exciting Stock' on LiveWire today:
WHAT’S YOUR MOST EXCITING STOCK CURRENTLY?
AI Media Technologies (ASX: AIM)
Market cap: $78 million
Another small holding in the Merewether fund, Winchester recently took a small position in the provider of captioning services to media companies such as Channel 7, Channel 9, and Foxtel.
When AIM floated, the firm was a “human labour business” but that has changed in recent years on the back of a 2021 acquisition. The US-based firm, EEG Enterprises, owns an automated captioning business that has improved the accuracy by almost 10% - at a fraction of the cost. As an example, Winchester notes live captioning of an event such as the latest US Super Bowl would traditionally cost around US$80 an hour.
“Whereas AI media sells their automated captioning at $8 an hour, they're 10 times cheaper, as that accuracy is now overtaking humans.”
https://www.livewiremarkets.com/wires/the-best-asx-micro-caps-you-ve-likely-never-heard-of
- Forums
- ASX - By Stock
- Ann: 1HFY24 Results Presentation
Luke Winchester's 'Most Exciting Stock' on LiveWire today:...
Featured News
Add AIM (ASX) to my watchlist
(20min delay)
|
|||||
Last
34.5¢ |
Change
-0.005(1.43%) |
Mkt cap ! $72.04M |
Open | High | Low | Value | Volume |
35.0¢ | 35.0¢ | 34.5¢ | $23.68K | 68.28K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 53925 | 34.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
35.0¢ | 88782 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 53925 | 0.345 |
3 | 43149 | 0.340 |
2 | 8030 | 0.330 |
1 | 10000 | 0.325 |
3 | 9250 | 0.320 |
Price($) | Vol. | No. |
---|---|---|
0.350 | 88782 | 3 |
0.365 | 60000 | 1 |
0.370 | 5000 | 1 |
0.380 | 1600 | 1 |
0.390 | 704 | 1 |
Last trade - 14.05pm 13/05/2024 (20 minute delay) ? |
|
|||||
Last
35.0¢ |
  |
Change
-0.005 ( 0.72 %) |
|||
Open | High | Low | Volume | ||
34.8¢ | 35.0¢ | 34.5¢ | 9472 | ||
Last updated 15.57pm 13/05/2024 ? |
Featured News
AIM (ASX) Chart |
The Watchlist
MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
SPONSORED BY The Market Online