This is good news of revenue from a different source coming to fruition. Still baby steps but this is an important milestone. Once you get a track record in this industry, it becomes easier for other businesses to use your services as you have mitigated one further risk for them.
Importantly, the one suffering the most if there was dilution is the founder so he will be motivated to minimise this. Options are not in play yet as they exercise at 20c but that might not be the case for long. The options expire on 31 March 2018 only 8.5 months time. There are 14.1 million listed and 3.1 million unlisted. If they were all exercised that would bring in $3.4 million.
This is good news of revenue from a different source coming to...
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Last
29.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $47.42M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 30.5¢ | 28.5¢ | $187.1K | 634.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 81754 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 1000 | 1 |
View Market Depth
| Last trade - 15.57pm 27/06/2025 (20 minute delay) ? |
| PIQ (ASX) Chart |