Knowledge and education is a huge, booming industry - see ASX listed company IDP EDUCATION LIMITED (IEL) with a current market cap of ~4.5 billion AUD.
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Software as a service (SaaS) is also very popular at the moment, due to an inherently high ability to scale with minimal additional cost.
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What happens when you combine the two? I don't know, but I'm willing to be it's a higher market cap than the company is currently being assigned.
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Australian education is highly prized - so what happens when you open this market up to a larger audience? Especially in this day and age where modern technology effectively means no difference learning from home compared to in person.
Would like to hear everyone's thoughts, especially on the possible inflection point at the end of calendar year 2020 where they anticipate being cashflow break-even.
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Last
1.6¢ |
Change
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Mkt cap ! $7.724M |
Open | High | Low | Value | Volume |
1.6¢ | 1.6¢ | 1.6¢ | $12.87K | 804.8K |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 76281 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.6¢ | 341681 | 1 |
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No. | Vol. | Price($) |
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2 | 76281 | 0.015 |
2 | 403930 | 0.014 |
3 | 575003 | 0.013 |
2 | 333333 | 0.012 |
2 | 3181817 | 0.011 |
Price($) | Vol. | No. |
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0.016 | 341681 | 1 |
0.017 | 414098 | 1 |
0.018 | 542282 | 3 |
0.019 | 122500 | 2 |
0.020 | 625000 | 3 |
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