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14:50
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Originally posted by Immetoday:
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My view - Crazy expensive price for an option with such a short expiry date isn't it.....who in their right mind would take up the offer unless part of the investor presso was a structrued path forward in which it was clear there was significant growth ahead. Also note that 32c wouldn't be an expected price, 32c is the exercise price so actual share price would want to be higher than that. Good discount but expected for such a low SOI company Go To Market strategy of its autonomous Parlevel Systems and (research these guys to see what they are worth and what market share they have. Hint - They ARE the market) , to penetrate high-traffic areas in the US market with its secondfirst hubz smart coolers . The companies will co‐operate in expanding to other(still well within the expiry date of options). Note here that our tech is the key component of the market leaders machines which they are trying to sell worldwide.....we're not hoping to be a supplier, without our tech they don't have the product Europe - 750 million population with a retail spend of AUD$5.5 trillion per annum. Hitachi - Billion $ market leading company with 300,000 employees There it is again....that surprise CR funding expansion that in turn will drive a re-rate. These guys aren't playing, they are actively working with two significant companies in the retail space currently and have previously announced pilots with the largest retail chains in Europe (which occurred in the middle of COVID!)With over 7 million vending machines in the United States, the National Automatic Merchandising Association (NAMA) estimates that the average American spends $62 on vending machine purchases annually. High quality vending machines are around $12K, multiply that by the 7m in circulation to get an understanding of the market size for machine sales.
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great post mate! Outstanding!
