Assuming the US pipeline is as positive as the announcement suggests, I think we'll see $3m in recurring annual revenues by Christmas which on your suggested metrics (which I agree with) gets us to a valuation of $90-150m. Let's apply a discount because ASX investors are wary of small cap tech stocks - I think we could still easily see 30-40c by Xmas.
The sky is the limit long term though. McConnell would not be putting his own money into this stock if the prospects weren't great.
I am so excited by this story.
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $87.88M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20600 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 125094 | 1 |
View Market Depth
| Last trade - 16.12pm 18/06/2025 (20 minute delay) ? |
| AV1 (ASX) Chart |
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