BUT
" Maybe lacking that managerial experience"
to really pull this off - time will tell.
Thats been obvious for a long time . The PIL management are quite hopeless I suspect .
And so why would someone throw money at "poor & weak management " ....its management that gets results .
Blind Freddie can see that the business model PIL are trying to run relies on a strong growth of user adoption , as well as repeat business .
It needs to be like this to end up doing the "millions of transactions a month" that are needed .
PIL are disturbingly silent on the rate of new user take up, and the rate of existing user activity .
16000 Agents sounds impressive - but unless you can tell how many of those agents are actually transacting , as well as what the repeat user rate is ....its total guess work .
PIL seem to leave their marketing to a FACE BOOK user group , ALL of whom are involved because they think its a potentially good opportunity . It would be interesting to get some real feedback from those people .
But unless the apps are working pretty much flawlessly and any technical issues are resolved quickly people give up .
Regarding the bank that used to use their apps & dropped them 2 years ago - perhaps there was a good reason why ( and not just because they wanted to do it in house )
Maybe PIL will pull their funding off .... with placement at less than 1 cent ...... we dont know .
PILs track record of making claims / plans & follow up commentary on those plans , is absolutely pathetic as well . That doesn't inspire confidence .
So in summary - its wait and see - the future is in PIL's "capable" hands
Lol
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Last
0.8¢ |
Change
0.001(7.14%) |
Mkt cap ! $15.91M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $3.504K | 467.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 5399878 | 0.7¢ |
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Price($) | Vol. | No. |
---|---|---|
0.8¢ | 1354125 | 5 |
View Market Depth
No. | Vol. | Price($) |
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18 | 5399878 | 0.007 |
22 | 9827495 | 0.006 |
12 | 11779822 | 0.005 |
9 | 11900000 | 0.004 |
5 | 9166670 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 1354125 | 5 |
0.009 | 4500715 | 8 |
0.010 | 8283205 | 13 |
0.011 | 4237519 | 9 |
0.012 | 8364662 | 10 |
Last trade - 13.10pm 05/09/2024 (20 minute delay) ? |
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