The ASX has clamped down on announcements. FRX is in a similar position to LNU with new deals or upgraded existing deals not able to be announced on the ASX MAP due to no monetary value being able to be confidently assessed accurately.
These announcements are sent by email direct to shareholders.
From a shareholder value perspective, the ability to not only keep long term clients like Racing.com, also expanding the partnership tells me that these organisations not only see core value in Linius but want the added features that they are implementing.
That is a very important consideration with regard to growing revenue. Swinging a deal with one product, then upselling or cross selling with others can grow revenue much more quickly all the while giving helpful use case data to help close deals in the pipeline. The increased speed of deals appears proof of this strategy especially when compared to previous managements approach.
Unfortunately the market has wiped LNU atm but that will change if management, as advised, keep signing new and upgraded deals.
Patience definitely needed but LNU has never been in a better place than presently even though the company valuation is far from reflecting that.
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Linius Extends and Expands Relationship with Racing.com, page-28
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.30M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $5.92K | 2.959M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
41 | 232877989 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 37094705 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
38 | 231945046 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 37094705 | 8 |
0.003 | 62572284 | 14 |
0.004 | 50770500 | 4 |
0.005 | 37583333 | 5 |
0.006 | 28288138 | 4 |
Last trade - 13.43pm 15/11/2024 (20 minute delay) ? |
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