Hi Banksy808. I don't see why not with the people onboard. I don't know if you saw this from the presentation last month, but they seem to have some big targets for Dataflex with them mentioning US$300m a year for a 1% market share.
The revenue per customer looks good too (Remember that 1PG went to a $900m market cap based on lesser revenue per customer but with a similarly disruptive offering and target market).
What is key here though is the annual company savings per company. Why wouldn't any company be in a hurry to use Dataflex? At CES 2016 one would think that this would have drawn some attention. This is why I think it is a good possibility that it is Dataflex sales which led to a cancellation of the $7m capital raising.
- Forums
- ASX - By Stock
- SYT
- PSF investors - Facebook, EMC, Compal
PSF investors - Facebook, EMC, Compal, page-21
Featured News
Add SYT (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online