Rewardle Holdings (RXH) is set to hit the boards at 10am on...

Rewardle Holdings (RXH) is set to hit the boards at 10am on Tuesday, the 7th of October having closed heavily oversubscribed. The business has been developing its first mover advantage and since the prospectus they have seen several key indicators continue to exponentially grow.

This exponential growth is stamping down the first mover advantage for Rewardle and they are able to derive some valuations out of further numbers once listed:

	Column 1	Column 2	Column 3	Column 4	Column 5	Column 6
0		Prepared Prospectus as at 30th June	Supplementary Prospectus as at 31st July	2nd Supplementary Prospectus as at 31st August	LISTING (7TH OCTOBER)??	End of Year?
1	Merchants	1587	1797	1947	2200	2900
2	EV	$19,400,000	$21,966,528	$23,800,128	$26,892,800	$35,449,600
3	Value per Merchant	$12,224	$12,224	$12,224	$12,224	$12,224
4	Cash	$3,600,000	$3,600,000	$3,600,000	$3,600,000	$2,700,000
5	Market Cap	$23,000,000	$25,566,528	$27,400,128	$30,492,800	$38,149,600
6	Shares on Issue	116,000,000	116,000,000	116,000,000	116,000,000	116,000,000
7	Share Price	$0.20	$0.22	$0.235	$0.26	$0.33
8	20% premium now listed			$0.285	$0.31	$0.40
9	Continue to de-risk scale premium			0%	10% ($0.43)
10	Revenue Coming Uplift			0%	0%
11	Value Per Merchant			$12,224	$13446
12	Market Cap		$25,566,528	$27,400,128	$30,492,800	$41,693,400
13	Share Price	$0.20	$0.22	$0.235-$0.285	$0.26-$0.31	$0.33 - $0.43
14

Rewardle Holdings is an extremely exciting opportunity as it continues to exponentially grow. Looking forward to Ruwan Weerasooriya executing the plans in what is very much a growth phase for the company to stamp first mover advantage.

Upcoming Potential Catalysts:
1) Updated Growth Numbers of business
2) Big name franchise signings
3) Business improvements with added features to Rewardle
4) Strategic stake by a Major.