Snapshot

Zyber Customer Validation:
Telus (Market cap $26b) is a Canadian national telecommunications company that provides a wide range of telecommunications products and services including internet access, voice, entertainment, healthcare, video, satellite and IPTV television.

Competitive Landscape with Dropbox & VM Ware:




Comparison with other ASX backdoor listed tech stocks:



I calculated average for currently fully dilute market cap that give you current valuation after retracement from their peak valuation.

Average currently fully diluted market cap:
- Average for all 14 backdoor listed stocks: $148m
- Average for 11 backdoor listed stocks (Excluding those more advanced players: 1PG, MIG & ZIP): $75m

Average Highest fully diluted market cap:
- Average for all 14 backdoor listed stocks: $211m
- Average for 11 backdoor listed stocks (Excluding those more advanced players: 1PG, MIG & ZIP): $147m

The one common finding is that all of those backdoor listed stocks rose between 100% - 1573% over the closing price upon initial acquisition news.

Trading Activities:


The duration from initial acquisition news to the highest share price, is between 12  and 29 trading days.

Some Charts:



Broker data for the first day of the acquisition news:
The broker data for the initial response was similar to other backdoor listed stocks especially AWD & AZK: State One & Wealthub were main buyers after the retailers.

Price History:
AWD: 8 July 2015 VWAP:0.72c - 17 August 2015 high 4.8c
AZK: 18 March 2015 VWAP: 5.2c - 28 April 2015 high 62.5c
DUO: 2 September 2015 VWAP: 1.42c


Broker data for the day upon the acquisition news:

DUO (2/09/2015 VWAP: 1.42c):




AWD (8/07/2015 VWAP:0.72c):



AZK (18/03/2015 VWAP: 5.2c):



Duration from initial acquisition to final relisting:
Generally between 4 - 6 months for backdoor listed stocks.
DUO indicates approximately 2 months.