Hi Everyone.Do shareholders here know Thorney plans to...

Hi Everyone.

Do shareholders here know Thorney plans to participate in the upcoming CR of W2V? Thorney could have a controlling interest in the company & perhaps even place a board member on W2V at some point.

WAY 2 VAT LTD. (ASX:W2V) - Ann: Cleansing Notice, 67309540, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum




WAY 2 VAT LTD. (ASX:W2V) - Ann: Way2VAT to undertake A$3.544 million Capital Raising, 67309354, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

Did everyone know Thorney was in W2V? They took part in the IPO on the ASX. Perhaps Alex is now averaging down?

Regal, Thorney to cornerstone Way2VAT (copyright link)




Regal no longer holds, or at least it's not in the T20 anymore, so it has under 2 million shares.

Alex appears to be a supporter of W2V tech, below are just a few interviews & clips about the company.

WAY2VAT W2V - YouTube

In a world’s first, Way2VAT ASX W2V launches Smart Spend Debit Mastercard to automate VAT:GST return - YouTube

W2V could be cash flow breakeven by next year.


WAY 2 VAT LTD. (ASX:W2V) - Ann: Way2VAT post-COVID transaction volume doubles to A$21.33M, 66503611, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

W2V earns a commission by processing VAT reclaims through its platform. The process can be referred to as Gross Transaction Volume or GTV. These keep increasing QoQ or at least YoY, it does vary. The GTV is a forward-looking indicator of any potential revenue. The higher the GTV goes, the more commission W2V makes.

WAY 2 VAT LTD. (ASX:W2V) - W2V transaction volumes., page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

Below is the latest company presentation.

WAY 2 VAT LTD. (ASX:W2V) - Ann: Investor Presentation, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum