BIG burrendong minerals limited - withdrawn

Wow, awesome news! Highlights for me in that release are... -...

Currently unlisted. Proposed listing date: WITHDRAWN
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    Wow, awesome news! Highlights for me in that release are...

    - Paying $4m but split $1.6m cash / $2.4m Shares. That means no debt and the BIG shares issued are at premium to current value.

    - Already the vertical is delivering $1m EBIT based on current performance before any synergies and growth.

    - "roll out of auto-generated video to at least 65,000 businesses. Current ARPU for video susbcription packages is $5,100". So even assuming a 10% conversion rate, that's still $33m additional revenue per year.

    - Established relationships with large global enterprises (Nestle / Bacardi etc).
 
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Currently unlisted public company.

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