"Founded in 2010"
As usual, like a lot of your posts, that is incorrect.
W2V was founded in 2016.
WAY2VAT - ONE CLICK TO CLAIM
The technology at W2V didn't fall from the sky, these two gentlemen had to develop it.
WAY 2 VAT LTD. (ASX:W2V) - 2022 W2V general discussion, 62063936, page-302 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
It would take time to develop a commercial product free of software bugs & any other issues that come with developing AI technology. Looking at the prospectus, it appears clients started signing up around 2018, as W2V had around 32 clients by then.
WAY 2 VAT LTD. (ASX:W2V) - Ann: Prospectus, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
That was 2018, so fast forward around 18 months. What happened? A global pandemic that set every person & company back on this planet for two years. So it hasn't been 12 years, as you claim! It's only been around four years, 2 of which were subdued due to Covid-19.Hi mate, regardless if they stay or dump, W2V has taken the business, revenue & clients. DevolulVA has a network of
130,000 merchants in fact! Compare that to W2V 1000+ clients. It's only 12 million shares, the upcoming CR could issue close to 30 million shares. W2V had volume today of almost 5.4 million, so it won't be hard for them to dump if they were so inclined at some point.
Low SOI, it means the SP can be easily pushed around.
Yeah mate, I would have to agree with you on many points you make on these threads, keep up the great work & enjoy your sailing.
You're on the ball mate, it's not only revenue that drives the SP.
I have to say I'm pleased with today's announcement & I hope W2V continues down this path of buying out the competition. If it pushes W2V to
net profits then I'll be happy to suffer a
little bit more dilution to help get us over the line. Of course, the higher the SP goes, the less dilution we all suffer.
Well done Amos!
In a world’s first, Way2VAT ASX W2V launches Smart Spend Debit Mastercard to automate VAT:GST return - YouTube
