XPE General Topics, page-1489

Sorry if this has been posted before - lots of posts happening around the time of this write-up so I may have missed it.

Did everyone see that we are now being covered by wise-owl analysts? Here's their write-up:

Ready to Serve the ‘Internet of Things’ Market
Initiating Coverage

Overview: Xped Limited (“Xped”, “the Company”) is an Australian technology company focused on Internet of Things (“IoT”) technologies. Its principal asset is intellectual property (“IP”) surrounding the Auto Discovery Remote Control (“ADRC”) technology. Xped controls nine patent families that support IoT applications and NFC based tap applications. Following the successful completion of a $8million prospectus raising, Xped listed on the Australian Securities Exchange on 5 April 2016 via a reverse takeover of Raya Group Limited.

Catalysts: Xped’s technology is currently undergoing commercial trials as the company is engaging prospective industrial customers. Progression into licensing agreements can generate near term revenue and provide a major validation signal. The Company has established MOUs with a US listed tech giant, and a NASDAQ listed chip set manufacturer amongst others. Supported by its recent $8million fund raising, Xped aims to generate initial revenues in 2016.

Hurdles: As Xped’s technology is currently in the validation stage, the Company does not presently generate revenue and is reliant on external capital to fund operations. The technical and economic merit of Xped’s technology remains to be validated via a binding commercial agreement. Whilst Xped’s technology benefits from patent protections, its commercial value remains subject to influence from alternative, competing technology solutions.

Investment View: Xped offers speculative exposure to demand for new Internet of Things technologies. Its patent portfolio, existing commercial partnerships, and funding position are attractive qualities. Validation of Xped’s technology via a binding commercial agreement is the major potential value driver. Principal risks surround the Company’s ongoing reliance on external capital, validation requirements and competition. As the Company attempts to deliver a universal solution for ‘mid tier’ stakeholders impacted by the IoT movement, we initiate coverage.

Source: https://www.nabtrade.com.au/content... Xped Limited XPE_Initiating Coverage_Nab.pdf