That's right.
I was wondering if we need 20M transactions from members if PIL really earns $0.1 from each of those. (it sounds a lot!)
That would be $25 per transaction value which to me sounds reasonable on average.
(I assume an overall volume of $500M per year)
This would mean $2M revenue per anno which would probably push PIL into black numbers with a current annual loss of $2.36M.
So we need to see around $550k in revenue reported in April if implementation is finished in December???
Did I get that right? I probably have missed something...
Ann: Peppermint receives key certifications from Central Bank, page-54
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Mkt cap ! $21.21M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $11.56K | 1.156M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3157130 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 2472124 | 7 |
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| Last trade - 15.58pm 28/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 1.0¢ | 1.1¢ | 1.0¢ | 1293353 | ||
| Last updated 15.30pm 28/05/2024 ? | |||||
| PIL (ASX) Chart |