Yes Michael the broader market on the ASX really has no idea where EMV is going. We are partnered with NVIDIA who's market cap is now worth US$2 TRILLION. It's obvious the next raise for EMV will not be via a broker. It will probably be a strategic placement where a giant takes a stake of between 5% and 9%. Now to me, NVIDIA is the obvious. They're already partnered with us and if the EMV board are proactive and land a strategic investment from them, well this will rerate like you haven't seen a stock rerate for a long time on the ASX. An 8% stake at a low ball $4 end of this year would bring in around $30M (chicken feed for a NVIDIA, Siemens, GE or Medtronics etc). What would that do to our valuation post the placement? I'd take an educated guess we'd be at unicorn status ($1bn) pretty quickly thereafter.
Innovative life saving Med tech/AI technology with a massive addressable global market and partnered with a company worth US$2 trillion. TICK!
Yes Michael the broader market on the ASX really has no idea...
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Last
$1.83 |
Change
-0.015(0.82%) |
Mkt cap ! $155.0M | |||
| Open | High | Low | Value | Volume |
| $1.84 | $1.85 | $1.81 | $80.05K | 43.57K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1035 | $1.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.84 | 1795 | 2 |
View Market Depth
| Last trade - 10.52am 16/05/2024 (20 minute delay) ? |
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Last
$1.90 |
Change
-0.015 ( 1.54 %) |
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| Open | High | Low | Volume | ||
| $1.83 | $1.92 | $1.81 | 5876 | ||
| Last updated 11.26am 16/05/2024 ? | |||||
| EMV (ASX) Chart |