Business has been tough and I've been out of state and unfortunately my attention was elsewhere over the last few of months, like quite a lot of other people.
Most people and investors haven't even caught on to what OPEN means as a prefix or what the abbreviation of CDR is!
I believe 25c is a low value starting point, but when investors catch on to the importance of "OPEN" SUPERANNUATION and of IP1's involvement in CDR (Consumer data Right, Growth Pillar 4, refer to announcement below) in the not to distant future, some will calculate a much higher fair value than 25c.
Any businesses with the prefix "OPEN" or mentioning their business is involved with CDR is going to command higher value and IP1 is right up there at the top across OPEN SUPERANNUATION, capturing TRANSACTIONAL DATA weekly, potentially being both a DATA HOLDER and a DATA RECIPIENT.
What will IP1 be worth as an APPROVED GATEWAY and/or FACILTATOR for businesses to gain access to 13 million workers giving consent to IP1 to distribute their data to service and/or product providers?
The below diagram shows who's, who with OPEN banking.
Who's going to at the top of the pyramid with OPEN Superannuation?
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