1. 5,735 Posts.
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    No, I look at the whole picture. The ann is there for everyone to read, but not many people do.

    Considering W2V has got this far, I'm assuming they had a good quarter. So cash receipts should be increasing. As per the last several anns.

    WAY 2 VAT LTD. (ASX:W2V) - 2023 W2V General Discussion., 67072639, page-6 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

    From the last quarterly.

    WAY 2 VAT LTD. (ASX:W2V) - 2023 W2V General Discussion., 65979288, page-3 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

    The company is expecting cash receipts to increase. W2V could be burning less than $1M per quarter. We'll find out in a few weeks.

    It's either that, or there could be a financing deal in the works. I don't think the inventor of the technology & founder of the company, Amos, has come this far just to throw it all away now.

    Tell me one thing my friend, I need to know something from you. How much money did they spend developing this technology? W2V was an unlisted company when Amos started.

    "Anyway if this joke of a company can't show revenue growth (which they've failed too even though they keep saying there's been growth in transaction volume)."

    I don't think you understand GTV. It's a forward looking indicator of revenue.

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







 
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0.7¢
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Mkt cap ! $11.89M
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