Ann: Way2VAT launches world-first Smart Spend Debit Mastercard, page-11

  1. 1,067 Posts.
    lightbulb Created with Sketch. 231
    Good summary.

    I remember when this first launched and was hyped back then and went from the IPO of 20c to 39.5c. The platform takes time to get implemented and people have become impatient which reflects in the share price. From a cash point of view I can see why people lost faith as spending is consistent with little reward, but all these type of systems take time and money to implement before the rewards are seen. Hopefully the rollout expands smoothly with a serious re-rate for long time investors. Remember there was a CR of $7m at 20c and now it sits at 9.5c. People well under, but if it all goes well this company can start earning some serious revenue.
 
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