Ann: Withdrawal of the Company's Replacement Prospectus, page-2

Story is great but trying raise funds in this market at 2c when the stock has been sitting at 1.5 - 1.8c was always going to be tough. Why buy at 2c in a cap raising when when you can buy on market at lower levels.

I would suggest a cap raising at 1.5c is going to be a much more rational number.

Until these guys actually tick a few more boxes and generate some income the market is going to keep the price at current levels.

I love the idea & concept of the company and mobile wallet is a brilliant add on & additional income stream and think that this stock will great in mid to long term.


I am hanging long as I reckon they are onto a good thing.

Cheers