ID8

11.1%

1.0¢ identitii limited

Thanks for that, really appreciate it.Why was it a defining...

First 104 Last

Share
Profile

Follow
mrdingo

4,030 Posts.

1132

15/09/21

00:24

Post #: 56067013
Share

Originally posted by Few Pennies: ↑

Mrdingo
Welcome across,
ok where can I start?

for now here are a few things... but there is other things I could share later

1. The Regulatory pressure, Banks are going to have to report accurate information or pay big fines.

2. ID8 has first move advantage in using Block chain technology which will provide secure compliance.

3. ID8's block chain technology allows the old infrastructure (Swift network) to not only keep working, but working at an enhanced level ( therefore saving the banks billions on upgrades that would otherwise soon be required)

4. I have seen positive insider buying (some on market and some through capital raisings ) this also includes re-organising of directors personal share structures, moving shares between family members etc. To me this looks like getting this stuff sorted (albeit early) so that its done before share prices ramp up thus reducing future tax costs.

5. When the company did a capital raise, the deal was that the institutional investors and I believe certain insiders were given the rights to buy (mop up ) all unsubscribed shares.
I believe to ensure there would be plenty of left over shares for these insiders the company decided not to extend the capital raise to the New Zealand investors (I made calls to the company but was unable get shares ), In my opinion someone at the top of the T20 wanted as many of those shares for its members as possible.

Not being able to buy shares in a capital raise was a first for me, and was a defining moment, a realisation, you might even say for me the penny dropped!, that for me was a sign (when the markets opened, to to load up.

In general ...
Its largely an undiscovered stock with a $26m market cap
ID8 will likely one day be the route of choice, like a toll road, (Banks could take an alternative route but would first have their own road )

A toll road allowing banks and 15000 other institutions to cost effectively get to be where they need to get to with regards to regulatory obligations & customer expectations,

best regards to all
fp

Expand

Thanks for that, really appreciate it.

Why was it a defining moment when you couldn't buy shares in the CR? I'm not sure I follow...

Also, what are the risks involved here? No one signs up to their product, competition etc..

It is sure a small market cap for the potential they have. I'm assuming it will take a lot more subscribers before they have a positve cash flow.

It looks like a medium term hold to me on the fundamentals and growth for 12-18 months. I might have a dabble this week.

Last edited by mrdingo: 15/09/21

ID8 Price at posting: 17.0¢ Sentiment: None Disclosure: Not Held
4 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 38 more messages in this thread...

First 104 Last

Add ID8 (ASX) to my watchlist

(20min delay)
Last 1.0¢		Change 0.001(11.1%)		Mkt cap ! $4.302M

Open	High	Low	Value	Volume
0.9¢	1.0¢	0.9¢	$12.33K	1.333M

Buyers (Bids)

No.	Vol.	Price($)
2	35999	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.2¢	130000	2

View Market Depth

No.	Vol.	Price($)
2	35999	0.010
4	1349311	0.009
7	1176846	0.008
2	800000	0.007
3	980303	0.006

Price($)	Vol.	No.
0.012	130000	2
0.013	341935	2
0.015	328181	2
0.017	15000	1
0.019	15000	1

Last trade - 15.31pm 14/06/2024 (20 minute delay)


Last 1.0¢		Change 0.001 ( 11.1 %)
Open	High	Low	Volume
0.9¢	1.0¢	0.9¢	160119
Last updated 15.31pm 14/06/2024 ?

ID8 (ASX) Chart

Thanks for that, really appreciate it.Why was it a defining...

Featured News

Triangle gets approval for Perth Basin carbon sequestration project

Whitebark launches $1.5M capital raise to progress QLD geothermal assets

ASX Market Close: Unemployment dips as index climbs | 13 June, 2024

Dominos looks tasty and tempting, but could be too spicy and even dicey

Week 24 Wrap: US contagion sentiment not so contagious; iron ore remains pressured

Lightning spots additional pegmatites during first Brazilian visit

Telix dips as pharma giant abandons US IPO for NASDAQ listing – despite record run

Maiden production at Alta Mesa puts Boss on the charge for 3Mlbs target

ASX Market Close: Consumer Discretionary rises ahead of interest rates decision | June 14, 2024

Pearl Gull Iron snaffles REE project in Chile, noting geological echoes of China

Buyers (Bids)

Sellers (Offers)

Featured News

Thanks for that, really appreciate it.Why was it a defining...

Featured News

Top Stories

Triangle gets approval for Perth Basin carbon sequestration project

Whitebark launches $1.5M capital raise to progress QLD geothermal assets

ASX Market Close: Unemployment dips as index climbs | 13 June, 2024

Dominos looks tasty and tempting, but could be too spicy and even dicey

Week 24 Wrap: US contagion sentiment not so contagious; iron ore remains pressured

Lightning spots additional pegmatites during first Brazilian visit

Telix dips as pharma giant abandons US IPO for NASDAQ listing – despite record run

Maiden production at Alta Mesa puts Boss on the charge for 3Mlbs target

ASX Market Close: Consumer Discretionary rises ahead of interest rates decision | June 14, 2024

Pearl Gull Iron snaffles REE project in Chile, noting geological echoes of China

Buyers (Bids)

Sellers (Offers)

Featured News