Seeing that they are still allowing those who took up the offer before 15/11/16 1 month to cancel I'd say the latest time line would still be in play. So relist towards end Dec.
On the business front it looks like they are already exceeding their target paid users of 120k by year end already:
Because of a general lag in revenue received versus users acquired through resellers I'd expect those revenues to grow quite rapidly from now on. I like the business model of Dropsuite as they are not out there selling their product themselves. Every reseller they onboard exposes their product to millions of potential customers without any major capex. In time the margin gets higher as more users are acquired exclusively through resellers.
Ann: Dropsuite Partners with Leader Telecom-EXM.AX, page-88
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Last
$2.80 |
Change
-0.050(1.75%) |
Mkt cap ! $193.5M | |||
| Open | High | Low | Value | Volume |
| $2.83 | $2.85 | $2.73 | $250.7K | 90.59K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1108 | $2.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.84 | 838 | 1 |
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| Last trade - 15.07pm 12/07/2024 (20 minute delay) ? |
| DSE (ASX) Chart |