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Ann: Further engagement with HSBC, page-11

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Daning

6,018 Posts.

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15/03/19

19:33

Post #: 37780045
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Originally posted by Megagene79: ↑

Good to see ID8 further engage with tier 1 banking group HSBC by moving from phase 1 to phase 2 of its project. Phase 2 will involve the build of new functionality ahead of a roll out into new geographies. This indicates to me a strong relationship being built with strong results to date that will see Identitii rolled out in numerous geographies with HSBC leading to increased revenue streams with each geography adding additional license fees. With HSBC located in 80+ countries this could turn into a major flow on through multiple countries. Not forgetting ID8 are at contract negotiate stage with 3 other potential customers which could lead to similar roll outs. At the current trading levels there is significant upside here at current 40% lower then IPO price. I continue topping up and expect a strong re-rate in 2019.

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where can you see this re-rate too Megahene if they get a contract, cause let's be real I doubt all 3 will happen at once if at all.

If they get another contract I can see it test the IPO price again on announcement but there will be a few nervous holders wanting out to escape plus profit takers
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(20min delay)
Last 2.4¢		Change 0.006(33.3%)		Mkt cap ! $15.61M

Open	High	Low	Value	Volume
1.8¢	2.4¢	1.8¢	$145.1K	6.852M

Buyers (Bids)

No.	Vol.	Price($)
1	50000	2.3¢

Sellers (Offers)

Price($)	Vol.	No.
2.6¢	247000	2

View Market Depth

No.	Vol.	Price($)
1	50000	0.023
2	350000	0.022
1	70745	0.021
1	318617	0.020
2	183000	0.019

Price($)	Vol.	No.
0.026	247000	2
0.027	180000	2
0.028	1687613	3
0.029	370000	1
0.032	400000	1

Last trade - 16.10pm 12/11/2024 (20 minute delay)

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