STTCOMP XPE, FA Long
Shares: ~1.9 Billion
Cash: ~$9 Million
MC: ~$85 Million
An Internet Of Things (IOT) technology company with fingers in many pies.
The recent appointment of Martin Despain (ex Intel) as MD has seen a resurgence of interest in the company. First performance shares will be issued when the MC exceeds $125 million for 20 consecutive trading days.
Many possible catalysts for a rerate in the coming weeks including (but not limited to) updates on:
* MOU with NASDAQ listed chipset manufacturer
* MOU with US listed tech giant
* Intel IOT gateway platform collaboration
* Digital Coupons commercialisation discussions with Microsoft
Disclosure:
Held
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- ASX - Short Term Trading
- Short Term Trading Week Starting: 3 Oct
Short Term Trading Week Starting: 3 Oct, page-48
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