Look. I'm not going to stop you from being bullish.
My view was that the CR would give 2 years runway for NOR which would be ideal. Now this is looking like 6 to 9 months.
I would be bullish too if there was evidence that the 3.3m downloads converted to more than US$3500 per day, or evidence of average use of the app.
I would also be bullish with a 50 cent per client acquisition cost but the average daily revenue per download is 0.001 cents per day. It takes a lot of days to make up that cost back.
Personally I have been excited by the prospect of CORONA but if the company kills itself to make WP a success then I think it is a missed opportunity
Ann: Corporate Update and Quarterly Reporting, page-39
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3.8¢ |
Change
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Mkt cap ! $18.09M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 1440 | 1 |
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