Wangle Results and Observations, page-306

Only lag I am experiencing is in the SP, as @SonOfSocrates pointed out in his TA post it appears that the bottom is in, expecting to see this recover significantly over the next few trading sessions.

The companies prospects are immense with a successful app potentially saving millions of dollars from the end users collective pockets. Australia alone could easily get a few million paying customers which would be worth $100 million p.a in revenue. Then think of the larger players such as Telstra and Optus who spend billions of dollars upgrading network coverage infrastructure, if they could get there hands on a technology that compresses the data rather than buying infrastructure then they will be another customer whether employing the tech at a cell tower level or white labeling into their operating systems.

We are only in the initial stages of growth here and as many have seen there are a few minor bugs to be ironed out but once the product is fully refined the company will launch into marketing, with each paying customer contributing ~$50 p.a we would need around 100,000 retail customers to justify $100m MC without factoring in growth..

When you consider that Wangle aim to address the wider market then several million customers becomes a real possibility, looking at some of the more common VPN services on google play you can seen that plenty of services without speed and data savings have attracted 10-50m users. If Wangle could target the lower end of that with 10m users then we would be looking at revenue of 500m p.a. which would value the company in the billions. Then they have the hardware which likely has a similar or greater market potential....