Seems to be a lot of negativity. Any income that can be made with great margins is great for shareholders IMO particularly if there are minimum guaranteed license fees:
SAAS must pay a minimum licence fee of US$1M within the first 12 months, US$2.5m
within the first 2 years and US$5 million within the first 4 years. If SAAS fails to pay these amounts,
then Avecho has the right to terminate SAAS’ exclusive rights and/or the agreement.
This sounds doggy and to be honest, I have an ethical issue with getting income from this end of the market words like "May" is used in any claim. Ironically, this brings AVE one step closer to being a legitimate company with legitimate products. Just another strange twist in this "truth is stranger than fiction story'. I just wish I had put the book down a long time ago.
Seems to be a lot of negativity. Any income that can be made...
Add AVE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.67M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $1.763K | 484.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 96061246 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 20781971 | 12 |
View Market Depth
| Last trade - 15.45pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
0.4¢ |
Change
0.000 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 0.4¢ | 0.4¢ | 0.4¢ | 1125000 | ||
| Last updated 14.33pm 03/05/2024 ? | |||||
| AVE (ASX) Chart |