Well M, the car industry will not get rubber on the road for the Datadot share price.
The CSIRO technology is the key.
Two possibilities, they purchase it stop somebody else with funds to market the products available.
They purchased it themselves knowing the markets to exploit.
If it was the former, Ben will be sitting on the CSIRO knowledge and spending his time working out how to further cut costs, sell the datadots wherever possible and the result being a fat salary to be taken until retirement. Not a bad plan for him, not go good for the shareholders.
If it was the latter, "they" will be focusing on what product to initially release into specific markets and how best to do this. The "they" concerns me because the capital raising at .041c was meant to be invested in securing a marketing expert to implement the marketing plan. To date we have heard nothing. Have they found somebody or cant they find somebody or dont they want anybody. Maybe Ben is holding onto the funds to keep the books balanced.
Lets assume they have or are about to place a professional marketer in place, with academic credentials and a successful marketing track record already established globally.
If the CSIRO technology was worth the millions that was paid for it, surely it must have been ready for the market. They were not as i understand paying for the development. That had already been done.
So lets make some assumptions.
Announcement number one. THE NEW MARKETING TEAM
Announcement number two. THE FIRST NEW PRODUCT.
Announcement number three. DISCUSSIONS ARE UNDERWAY WITH A GOVERNMENTS IN VARIOUS COUNTRIES RE GLOBAL APPLICATIONS FOR THE PASSPORT TECHNOLOGY OR OTHER APPLICATIONS.
Some other interesting developments. The Chart -:) descending wedge with recent minor breakout. A good sign.
Director recently buys shares.
China agent now heavily involved.
A long period of no news - sometimes not a bad thing.
My gut feeling. Its a goer.
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Change
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Mkt cap ! $3.632M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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9 | 3266350 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.4¢ | 171990 | 2 |
View Market Depth
No. | Vol. | Price($) |
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5 | 1684641 | 0.006 |
6 | 6276315 | 0.005 |
4 | 1430000 | 0.004 |
3 | 3296262 | 0.003 |
8 | 8550000 | 0.002 |
Price($) | Vol. | No. |
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0.007 | 979869 | 3 |
0.008 | 3300000 | 5 |
0.009 | 181061 | 3 |
0.010 | 757593 | 4 |
0.011 | 300000 | 2 |
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