DateTix‘s customer base is growing strongly:
Active customer base up 167% for March 2016 and date listings up 209%
There should be good news flow over the next two months starting this month with:
During May DateTix plans to enter the mainland China and Singapore markets.
- A new and enhanced version of the iOS app being submitted to Apple App Store and is awaiting pending approval.
- The introduction of a localised Chinese language version of the DateTix app. This is expected to be launched across the iOS and Android platforms.
Growth potential looks very promising, particularly the introduction into mainland China where there are an estimated 200 million singles. It would be nice to capture a piece of that action.
DateTix Group Ltd–Arrowhead BID - Due Diligence and Valuation Report
http://abid.co/sites/default/files/DateTix - ABID Report_03February2016.pdf
This is a tightly held stock with only 29 million ordinary shares
Shareholder Shares Percentage 1 Michael Ye 4,545,455 15.67% 2 Gold Resources Ltd 3,750,000 12.93% 3 Global Marketplace Ltd 3,454,550 11.91% 4 Leigh Kelson 1,008,129 3.48% 5 Doulev Pty Ltd 750,000 2.59% 6 Others 15,496,412 53.42% 7 Total 29,004,546 100.00%
Arrowhead also provided a valuation...
The Fair Market Value based on blended (DCF and Discounted EV/MAU multiple) valuation method for all of the Company shares stands between A$72.4MM and A$111.5MM as of February 03, 2016. The Fair Market Value for one Company publicly traded share stands between A$2.50 and A$3.84 as of February 03, 2016.
Share trading has been very light, averaging 83,458 shares per trading day since 01/03/2016 (which includes increased sales after each product launch (850,134 shares in 3 days). Only 53,470 shares have been traded on average for the remaining days.
Currently there are only 60,816 shares on offer and I anticipate that these will evaporate quickly leading into the launch of the updated app and launch into mainland China and Singapore.
I hope to pick up a few more before this stock starts to move.
As always DYOR and Good Luck to holders
Cheers,
GrayNomad
- Forums
- ASX - By Stock
- LVE
- Ann: DateTix active member base nearly triples month-over-month-DTX.AX
Ann: DateTix active member base nearly triples month-over-month-DTX.AX, page-4
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LVE (ASX) to my watchlist
|
|||||
Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.472M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 35496 | 8.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 60960 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 35496 | 0.083 |
1 | 12060 | 0.082 |
1 | 200000 | 0.080 |
1 | 175000 | 0.060 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 60960 | 2 |
0.140 | 224293 | 1 |
0.145 | 229999 | 1 |
0.150 | 1074940 | 2 |
0.000 | 0 | 0 |
Last trade - 10.04am 12/09/2024 (20 minute delay) ? |
Featured News
LVE (ASX) Chart |
Day chart unavailable