Just look at how much money Google, Cisco, IBM, Microsoft and others have spent to be in the smart building space, way more than Urbanise, and none of them have anywhere near the number of buildings running on their tech. Urbanise took the IPO money and massively extended their technology lead, as well as making acquisitions that positioned them in the emerging Internet of Things space. I look forward to seeing some communication to the market from new CEO Henry Arundel as they close some of the deals in the pipeline.
The comments here only reinforce my belief that Australia has no clue how to assess technology stocks. They SHOULD take it private, and relist on another exchange where the value is recognized.
UBN Capital Raisings, page-5
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Last
42.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $26.95M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 42.0¢ | 39.5¢ | $24.83K | 60.39K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8000 | 41.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 43.0¢ | 30664 | 2 |
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| UBN (ASX) Chart |