I just emailed company chairman asking for some specifics to clarify and if I get a response I will share what I know. Correct me if Im wrong anyone, but EM1 retain 64.5% of revenue, and TIM receive the remainder.
Per subscription, it is $8.50 per month. Bear in mind we only have pre-registrations at the moment, and a percentage of these will become subscribers (conversion rate). TIM have guaranteed a minimum of 100000 subscribers, or they will pay 50% of prize money.
So if we are responsible and conservative, we can pick a reasonable conversion rate, multiply by pre-registration numbers, and then by 8.50 to get monthly revenue before taxes. I think making conservative estimates is more sensible, then we stand to get a positive reaction when real numbers come out
I just emailed company chairman asking for some specifics to...
Add SP8 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.7¢ |
Change
0.001(16.7%) |
Mkt cap ! $8.054M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.7¢ | $1.917K | 273.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 12666441 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 1766072 | 2 |
View Market Depth
| Last trade - 15.45pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
0.7¢ |
Change
0.001 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 0.7¢ | 0.7¢ | 0.7¢ | 192720 | ||
| Last updated 15.04pm 03/05/2024 ? | |||||
| SP8 (ASX) Chart |