In November last year the company stated we would need 35000 paying subscribers to breakeven. If we are the fastest vpn and also offer data savings 35000 subscribers is a very small number to achieve considering the amount of people using vpns right now. I get that the app hasn't been released and proven yet but do the maths on 200000 paying subscribers at $60 a year each for a 20m market cap company. This is still a spec stock but could be a massively profitable company very soon if they get it right.
In November last year the company stated we would need 35000...
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Last
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.888M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 101272 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 200000 | 1 |
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| Last trade - 16.12pm 17/09/2024 (20 minute delay) ? |
| FGL (ASX) Chart |
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