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Ann: Appendix 3B - Part Conversion of Convertible Security, page-20

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elit

13,316 Posts.

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04/07/17

15:45

Post #: 25658823
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Originally posted by ozemania ↑

It can equally be said that that 'where the SP will go if meaningful revenue is achieved is anybody's guess', however the selling is fact and it is happening now, while meaningful revenue is not.. so I think it's perfectly valid to be discussing where the SP could go by the time the selling is done.

To answer your question though, I believe meaningful revenue will result in a very strong reversal of the enduring downtrend, but its early days in IOT adoption and despite lots of encouraging MOU's, meaningful revenue is still some way off. More likely in the near term would be 'some' revenue (think ichargers etc) which will hopefully be enough to at least break the decline and stabilise the SP, particularly if it is able to mitigate the constant need for capital raising via dilution.

I'll add to that a warning for new investors to be wary of phrases like 'when not if' in relation to revenue. This is not guaranteed at this point, no matter how much your current losses depend on it being so.

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People forget jct is already generating revenue and appears to be increasing but yes still early days.

XPE Price at posting: 1.6¢ Sentiment: None Disclosure: Held
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