Not sure how to take this.. Looks like to be paying 2x revenue. However the issue I have is that it seems all the revenue was based on hardware sales. Recurring revenue to begin in FY 22 so another 6 months of cash bleed and based on a model that is yet to be proven to be financially viable.... not sure I like this.
Ann: 1st to acquire Visionflex, $2.5m Placement, Rights Issue, page-2
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Mkt cap ! $13.13M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $19.05K | 3.825M |
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| No. | Vol. | Price($) |
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| 12 | 18377843 | 0.4¢ |
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| Price($) | Vol. | No. |
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| 0.5¢ | 2034432 | 2 |
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| VFX (ASX) Chart |