I am very interested in getting in on this one but still doing my research. Seems like the funds required to get a banking license will have to come from a CR based on current revenue. I think the company may have shown their hands with the previous CR to where any required funds will come from. If the share price can be double it’s current position before the funding is required then dilution will be kept under control. However, with a full banking license in Australia and then Europe then this could be a beauty if they are able to get on board all those potential Chinese now living in Australia, Canada and Europe to transfer their savings deposits. Like management keep mentioning at the moment they are building their potential customer base. A lot to like and with growing revenue and nil debt it’s definitely not the worst speculative share on the ASX.
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Confused - Underrated, page-8
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Last
3.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $22.41M |
Open | High | Low | Value | Volume |
3.2¢ | 3.2¢ | 3.1¢ | $14.75K | 461.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 799316 | 3.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.2¢ | 917481 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 70018 | 0.050 |
1 | 50000 | 0.049 |
1 | 63829 | 0.047 |
4 | 138700 | 0.045 |
1 | 11627 | 0.043 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 6490 | 1 |
0.054 | 19043 | 2 |
0.060 | 146837 | 3 |
0.063 | 27000 | 1 |
0.070 | 100000 | 1 |
Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
NOV (ASX) Chart |