ID8 0.00% 0.8¢ identitii limited

Ann: Identitii Receives U.S. Patent Approval, page-42

  1. 1,466 Posts.
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    patience is required.

    we are sitting with a market cap of $ 24 million if you include 150M shares on issue.

    Revenue was what $1 million or so last year. so 24 times atm. revenue should double next year. This is all part of being involved in a small cap.

    I am sure management has ambitions to be $10 M plus revenue over the next 3 years. this isnt a stock you can gwt a full handle on. Frankly noone knows what is happening in the background..... for all we know they could be sitting on potential deals with multiple banks institutions etc etc.

    The big run in the price to 49 was an outlier. I think its worth around 17 to 19 atm. Some would argue the many multiples are priced in thats fair also the tech is still unknown to many so i would say 16.5 to 18.5 is fair game.

    Personally still long on this. Havent sold one share maybe i should have on the big run but patience should pay off.

    A few more deals the next 3 months would be great. Hopefully some bigger deals as well. It be great to also see 5 to 10 regtech SaaS deals come through even if they are 100 to 200k a year.... some would argue what are these sales guys doing ?
    Last edited by davo128: 14/12/20
 
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