Jaxsta appear to have a very small team. Development delays mean cap raise and dilution are inevitable. Looked last week someone was keen to soak up the continual supply in high 5's. Looks now like they realise they can get much lower.
Market cap getting tiny. Decent announcement can bag from here. But I'm less hopeful on their timeline for revenue. If announce HOA for research, surely would announce first couple API deals if had closed?
I think needs deal with large streaming service to validate their service to the market. But they already source credits from same labels. Does "deduplicated, deep linked" mean anything extra for them?
Still hopeful team can pull it off. But expect delays to crush share price and investor confidence.
Jaxsta appear to have a very small team. Development delays mean...
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Last
15.5¢ |
Change
0.015(10.7%) |
Mkt cap ! $130.0M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 16.0¢ | 13.0¢ | $221.1K | 1.491M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2826 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 835169 | 5 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
15.0¢ |
Change
0.015 ( 15.4 %) |
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| Open | High | Low | Volume | ||
| 15.0¢ | 15.5¢ | 15.0¢ | 34206 | ||
| Last updated 14.59pm 03/05/2024 ? | |||||
| VNL (ASX) Chart |