ID8 27.3% 1.4¢ identitii limited

I wouldn't say they need to make any rushed decisions.Yes they...

  1. 1,472 Posts.
    lightbulb Created with Sketch. 225
    I wouldn't say they need to make any rushed decisions.

    Yes they may have less than 12 months cash more towards 6 to 9, but its fair to say the whole market underestimated one, the scalability of this and 2 what all the businesses they have are worth. Patent, Payble. Bank and non bank SaaS customer, Iso20022 migration tokenisation.

    I agree they need to assess options into the future, But from a shareholders perspective, they probably raised more than they needed to last time. So they should be trying to maximise the value of the current deployed capital for shareholder return. The higher the price they can get the raise at the less dilution. They are only at 152 M shares on issue.

    I would suspect they look at options once they kick a few more goals, but the upside to this is at least at 200M dollar business.


    Last edited by davo128: 07/09/21
 
watchlist Created with Sketch. Add ID8 (ASX) to my watchlist
(20min delay)
Last
1.4¢
Change
0.003(27.3%)
Mkt cap ! $9.108M
Open High Low Value Volume
1.2¢ 1.5¢ 1.2¢ $21.55K 1.613M

Buyers (Bids)

No. Vol. Price($)
2 554545 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 148000 1
View Market Depth
Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
ID8 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.