On the revenue front, VIV has excelled. How many tech companies with $20m odd market cap has a revenue of $8.7m per annum? See below.
https://hotcopper.com.au/threads/te...4108726/page-33?post_id=32782645#.WucQo08UnIU
I agree that the cashflow outlook wasn't what we would have liked to see but IMO VIV in comparison with other tech companies ought to be doing $30m market cap, that would be just 3.45x revenue still very low.
They can issue say 140m shares at 5c to raise $7m cash which gives 616m shares x $0.05 = circa $30m mkt cap. Pointerra 3DP has a market cap of $34m with just $92k quarterly sales receipts!
Put this in perspective, given what I believe that VIV has proven product, market traction and a largely untapped global market reach - all ticks, the remaining tick to gain is to establish better cost control.
What VIV also needs is BUD holders spirit- undying loyalty. $24m market cap is not a risky proposition so people should hold tight.
On the revenue front, VIV has excelled. How many tech companies...
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