Morning Sector
Regarding the milestones which do seem very bullish .
You have to ask why set milestones which are not achievable ?
Mark Fisher has been in this industry for 20 years working for Australian banks and global investment banks outsourcing , offshoring jobs ,which some have quite rightly pointed out is nothing new .
The difference being here (or the new part )is the Fin-tech part coupled with offshoring .
So this guy has spent the last 6 years building this company and idea , was approached by institutions before this ever became listed and refused to sell .
Then He met Matt Walker , and of course Walker was interested , but no deal was struck .
It took another year (This was of course the days of SRT which had a RTO fall through in that time) before they struck a deal together .
The Deal being that Mark fisher would basically had over his company to get half of it back through meeting all 4 milestones ,as in the prospectus .
So why would Mark Fisher hand over his company he spent the last 6 years working on and strike this deal to get half the company back if he did not believe he could achieve this ?
Of course the answer will soon become apparent or not in the next few qtlys
I may sound bias towards IAM but thats because im a holder and believe it will be achieved from my own research and time and money invested here , but this is by no means a ramp just wanted to point out some questions ,and my opinion .
cheers
Have a good week all
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Last
2.4¢ |
Change
0.001(4.35%) |
Mkt cap ! $13.06M |
Open | High | Low | Value | Volume |
2.4¢ | 2.4¢ | 2.4¢ | $7.572K | 315.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 34490 | 2.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 526277 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 34490 | 0.024 |
2 | 210247 | 0.023 |
1 | 250000 | 0.021 |
1 | 103307 | 0.020 |
1 | 688535 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 526277 | 1 |
0.028 | 826612 | 2 |
0.030 | 780000 | 2 |
0.040 | 100000 | 1 |
0.044 | 500000 | 1 |
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