Yes despite some very odd convos this afternoon I agree the market cap is starting to look stupid - of $140m market cap, $50m is cash and equity allocated into a profitable company, leaving about $90m at these levels. That is ridiculous, even for a turnaround story like this. Importantly, I got the below response from IOU investor relations regarding a mid-quarter update in November, which whilst didn't guarantee one, I think it's fair to say there will be a further update in about 3 weeks time, which is very positive. Given that from the start of October we had COVID restrictions lifting, social media campaign in full swing and enterprise merchants live, it will be interesting to compare the rate of growth of this 6 week period against the last. Not impossible it's increased to say 35% - 40%.
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Mkt cap ! $35.21M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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1 | 2169 | 3.1¢ |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 2169 | 0.031 |
3 | 236803 | 0.030 |
3 | 283575 | 0.029 |
6 | 360835 | 0.028 |
2 | 230000 | 0.027 |
Price($) | Vol. | No. |
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0.033 | 942688 | 4 |
0.035 | 144031 | 4 |
0.036 | 205000 | 1 |
0.039 | 37000 | 1 |
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