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2.5¢ vivid technology limited

@1ronnie - not sure about being able to raise $7m at 5c, that's...

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Researcher101

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01/05/18

08:29

Post #: 32787976
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Originally posted by 1ronnie ↑

On the revenue front, VIV has excelled. How many tech companies with $20m odd market cap has a revenue of $8.7m per annum? See below.
https://hotcopper.com.au/threads/te...4108726/page-33?post_id=32782645#.WucQo08UnIU
I agree that the cashflow outlook wasn't what we would have liked to see but IMO VIV in comparison with other tech companies ought to be doing $30m market cap, that would be just 3.45x revenue still very low.
They can issue say 140m shares at 5c to raise $7m cash which gives 616m shares x $0.05 = circa $30m mkt cap. Pointerra 3DP has a market cap of $34m with just $92k quarterly sales receipts!

Put this in perspective, given what I believe that VIV has proven product, market traction and a largely untapped global market reach - all ticks, the remaining tick to gain is to establish better cost control.

What VIV also needs is BUD holders spirit- undying loyalty. $24m market cap is not a risky proposition so people should hold tight.

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@1ronnie - not sure about being able to raise $7m at 5c, that's around 30% of the existing float.
Sure would be nice to wave around your magic wand and make $$$ appear from nowhere

VIV Price at posting: 5.0¢ Sentiment: None Disclosure: Held
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