XSO 1.59% 3,059.5 s&p/asx small ordinaries

The Brains Trust, page-22

  1. 1,604 Posts.
    Hi @Anton Chigurh ,

    Now to the BIG DATA analytics side yes this is very big for Neurotech... and they are looking at how this will be monetized at the moment.

    IMO they will easily be the first to do so out of the med tech stocks on the ASX, i'm not currently aware of any others even mentioning it. The monetizing efforts along with the accelerating business side can easily create a billion dollar company quiet fast which from this  absurdly low base you can obviously see the opportunity to go very well.  

    I would just like to add that Peter Griffiths who is the Deputy Chair is a specialist in data and analytics. He had originally approached Neurotech about getting involved and joined the technical advisory committee of Neurotech.

    Griffiths was involved with IBM Watson. He is actually more interested in the data that Neurotech is collecting and is convinced that it is unique and so valuable that at some stage the data will be worth a $billion. He has backed his theory up with a large shareholding.

    During the pre ipo presentations and recent roadshows it was mentioned that already Neurotech has the most valuable set of data in its field and that it is valuable to other fields already and its still only very early days.

    Key to note here Mr griffiths has pitched in a massive $900,000 odd dollars into this company about year or so ago.

    It gets better he also sits on the investment committee advisory board for Bridge growth partners out of New York (High net worth) and is personal friends with Joeseph M. Tucci also on the board. Joe.M was the Chairman and CEO of the recent world record breaking tech takeover of EMC corp.


    Cheers bonkers
 
watchlist Created with Sketch. Add XSO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.