Just a reminder of potential.
DW mentioned during last weeks AGM that 30% of claimed agent profiles pay a subscription.
Australian revenue last year was $10m from 42k claimed agent profiles.
30% pay so roughly 12600 agents pay on average close to $800 per annum.
USA claimed agent profiles are approaching 200k with the aim 300k.
Using the same proven formula from Aust market that equates to 60k paying agents (from 200k agents) $48m in subscriptions and 90k paying agents (from 300k agents) $72m in subscriptions.
Annual costs of $20m with this potential revenue stream makes me happy to suck up the current crappy share price and buy more to average down on my personal holdings.
As DW has stated in the past a market cap of $1B is his opinion and personally I think he was down playing the number.
If the USA works to plan then Canada, UK and beyond and the share price won’t be 17.5c. Now is the time to load up!
Hasaman
Just a reminder of potential.DW mentioned during last weeks AGM...
Add RMY (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
9.2¢ |
Change
0.002(2.22%) |
Mkt cap ! $51.33M | |||
| Open | High | Low | Value | Volume |
| 9.1¢ | 9.2¢ | 9.1¢ | $17.47K | 191.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 24305 | 8.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.2¢ | 47153 | 1 |
View Market Depth
| Last trade - 13.44pm 04/06/2024 (20 minute delay) ? |
|
|||||
|
Last
9.1¢ |
Change
0.002 ( 1.11 %) |
||||
| Open | High | Low | Volume | ||
| 9.0¢ | 9.1¢ | 9.0¢ | 8734 | ||
| Last updated 11.13am 04/06/2024 ? | |||||
| RMY (ASX) Chart |