VNL 0.00% 11.0¢ vinyl group ltd

Ann: Proposed issue of securities - JXT, page-13

  1. 6,522 Posts.
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    If they deliver the plan outlined in the investor presentations I'm sure nobody will be complaining and we'll be well north of the current share price.
    The remuneration and directors selling could be a result of them being over confident, they've jumped the gun, but they anticipate ~$1mil revenue from APIs alone by the end of the year which will see the share price well north of here. I also think at ~$18mil market cap diluted that's decent value given the IP and relationships which has taken years to build. The upside is here, it's just a case of waiting for them to deliver, we've seen the first signs of growth. 3 APIs and another 7 under negotiation as of the presentation. Jaxsta paid subscriptions kicking off late July. If all comes to fruition it could be the last opportunity to accumulate around this price, I'm set.
    Last edited by Salubrious: 18/06/21
 
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