Fantastic results!
To highlight a few positives from this last quarter and recent news:
10mil RMB now in the bank (~2mil AUD)
22mil receipts this quarter bringing total receipts for 9 months up to 44mil. Last years full year receipts were 32mil total.
$USD200K Convertible bond paid off - I had flagged my suspicion of this when the other CB annc's came out.
31.8 mil options expired this month. By my count there are now only ~20mil oppies left that exp 30 Jun 2022 with strikes of 80c and $1.
Ongoing upgrades, province expansions and contract wins as listed on the company website. If you have not been following the stock, be sure to check both the english and chinese versions as they contain slightly different data
https://www.ttg.hk/en_us/news
https://www.ttg.cn/zh_cn/news
In the last 2 years, FTC has grown from servicing 1 mil merchants and 300 banks to now serving 6 mil+ merchants and 1000+ banks.
The 2019 investor pres showed RMB 1.7Bil transaction volume daily with 10 mil+ daily transactions
The 2020 investor pres showed RMB ~3Bil transaction volume daily with 20 mil+ daily transactions or RMB 1Tril+ annual transaction volume.
Further patience required but certainly all seems to be trending in the right direction. GLTAH
Fantastic results!To highlight a few positives from this last...
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Last
1.7¢ |
Change
-0.001(5.56%) |
Mkt cap ! $11.06M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.7¢ | 1.7¢ | $16 | 935 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 58823 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 5420 | 1 |
View Market Depth
| Last trade - 15.21pm 03/05/2024 (20 minute delay) ? |
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Last
1.7¢ |
Change
-0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 1.7¢ | 1.7¢ | 1.7¢ | 10000 | ||
| Last updated 15.25pm 03/05/2024 ? | |||||
| FTC (ASX) Chart |