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2.0¢ complii fintech solutions ltd

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184 Posts.

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04/02/17

18:15

Post #: 22374098
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Originally posted by malmanu ↑

What does it really matter Mou 2,3,4,5,6,7,8,9 , it still doesn't justify the current 95m market cap ( shares plus options well in the money , not including the 500m performance shares )

250m performance shares are issued if IAM achieves aggravated net profit after tax of $1m by jun2019 and another 250m performance shares if IAM achieves aggravated net profit after tax of $4m by jun2019.

I think they will achieve aggravated net profit after tax of $1m by jun2019 but not sure about achieving aggravated net profit after tax of $4m by jun2019 . So if another 250m shares get issued in say 2018/19 it puts the market cap up to $111m at 6.4c. I think current fair value for IAM should be somewhere around $30m to $40m until we see revenue and advice firm growth.

Look at one of their competitors , VBP Back Office Solutions who are expanding fast , they now have 55 advice firms as clients , up 83% from a year ago. Will IAM offer a better deal and service than VBP Back Office Solutions.

See VBP Year in Review 2016 video at https://www.facebook.com/vbpbackofficesolutions

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IAM Price at posting: 6.4¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.0¢		Change -0.001(4.76%)		Mkt cap ! $11.35M

Open	High	Low	Value	Volume
2.0¢	2.0¢	2.0¢	$1.471K	73.56K

Buyers (Bids)

No.	Vol.	Price($)
1	471682	2.0¢

Sellers (Offers)

Price($)	Vol.	No.
2.1¢	578868	2

View Market Depth

No.	Vol.	Price($)
1	471682	0.020
1	688535	0.019
1	345696	0.018
3	1252000	0.017
1	1000000	0.016

Price($)	Vol.	No.
0.021	578868	2
0.022	1000000	1
0.044	500000	1
0.060	17225	1
0.090	6007	1

Last trade - 11.42am 04/07/2024 (20 minute delay)

CF1 (ASX) Chart