At the end of the day, look at the numbers and the facts. The company is undervalued, and is only increasing its profits and revenues every quarter. The only reason the SP is where it is is lack of awareness and lack of institutional investors. This will change soon and people will dream to buy in under 20c.
Quick facts;
* business has done a complete 360 by changing its strategy from targeting businesses to targeting consumers. Business was previously owned by officeworks
* in align with their strategy, they sold subsidiary Anyware Corporation a while back
* business has gone highly profitable and revenue is increasing by the month (quarterly due any day now)
* number 1 seller on Amazon Australia and participated in Amazon prime"The online IT and consumer electronic goods vendor attended the event last week and pulled in more than $325,000 in sales over the two days"
* partnerships with kogan & catch and is also selling on those platforms in addition to its own website (Harris technology) and Amazon Australia
* this business has been around for a very long time, and any I.T business wholesaler or person knows this business. But now they're expanding their range kogan style with ppe , homeware, kitchenware and so on (targeting end consumers has been successful turnaround for them)
*if memory serves me well, the director gave the company an interest free loan some time back (he believes in his company) and this helped a lot. They are now a profitable company and its increasing by the monthYou will see in the upcoming quarterly, its very undervalued right now and the potential it has is huge. Im expecting in excess of 20c SP on quarterly release and only upwards trending thereafter
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.290M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $278 | 25.23K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 389211 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 506670 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 389211 | 0.011 |
6 | 581000 | 0.009 |
1 | 435000 | 0.008 |
2 | 230000 | 0.007 |
1 | 250000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 506670 | 2 |
0.013 | 602785 | 4 |
0.015 | 1305000 | 5 |
0.016 | 428000 | 2 |
0.017 | 780001 | 1 |
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