This is probably the update that I have been waiting for in terms of their internet of things updates and moving to annuity-based revenue. It sounds like it could be commercialised quickly in terms of new sales/revenue of the proposed tech. The 40% share of the business is being given a future value of $20 based on issuing 100m shares to Cognian when AEI gets to 20c which means that AEI's future value of this is $30m - that's my read. Obviously, it's not clear on when that future value is expected to materialise but hopefully it's not decades away. Could start to see some further interest from new investors from this. IMO.
AEI Price at posting:
6.5¢ Sentiment: Hold Disclosure: Held
