XAO 1.60% 7,772.4 all ordinaries

SRO put in some solid volume yesterday, likely buoyed by both...

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    SRO put in some solid volume yesterday, likely buoyed by both the "I'm not dead" run on bitcoin and more importantly the launch of their Media Consent beta platform which is intended to address the ehical challenge posed by companies wishing to use your data footprint.

    Over the coming months news flow should be solid with on-boarding of the initial brands customer feedback

    While it's a different space the news flow into the later stage of year I think will be somewhat similar to some of the other big runners we have seen in the last few years such as 1PG, RFN, NOR etc. It's one of those true blue sky potential plays who have to date attracted some fairly well known brands such as Macdonalds and Costco. As they add to these I can see the market pricing it for perfection.

    Will be a long way off before we really know if they can build a solid cash flow business however also a long way before any hint that they can't.

    $7.2m MC at close yesterday
 
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