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Hi Megacan you potentially see ID8 in the SP 500?I know...

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Daning

6,018 Posts.

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30/03/19

11:56

Post #: 37937045
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Originally posted by Megagene79: ↑

IPO 75c wont take much with HSBC already moving to phase 2 of the program which should see expansion to new geographies. Don’t forget HSBC is in over 80 countries so serious expansion with them will see multiple license and ongoing fees. Throw in a few new finacial institutions and i see ID8 at multiples of the IPO price. 2019 is set to be a big year for ID8. Time to get set is now while still under IPO price and with a very tight register the upside is very significant once more traction is made on the business. Banks are wasting some serious $ on chasing transactions and what ID8 has is a no braniner to save them significant time and money and man hours. Just a matter of time till more deals are done here. The recent presentation is a very good read for anyone thinking of jumping on here.

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Hi Mega

can you potentially see ID8 in the SP 500?

I know it's very early days, however if they can land the 3 contracts plus expand their HSBC licences into other parts of the world I can seriously see a massive re-rate on this stock $2 this year isn't out of the question, but if the above happens this year within 24 -36 months I can see over $5 the SP as they will be cash flow positive with no debt

Last edited by Daning: 30/03/19

ID8 Price at posting: 50.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.9¢		Change -0.001(10.0%)		Mkt cap ! $5.412M

Open	High	Low	Value	Volume
0.9¢	0.9¢	0.9¢	$62	6.901K

Buyers (Bids)

No.	Vol.	Price($)
1	300000	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	297300	2

View Market Depth

No.	Vol.	Price($)
1	300000	0.010
2	204210	0.009
11	3968208	0.008
3	900000	0.007
3	630303	0.006

Price($)	Vol.	No.
0.011	297300	2
0.012	50000	1
0.014	550500	2
0.015	10000	1
0.017	15000	1

Last trade - 11.42am 19/08/2024 (20 minute delay)

ID8 (ASX) Chart