Cheers Boom - has been so long coming that I was a bit hazy on...

First 60 Last

Share
Profile

Follow
RSD

2,491 Posts.

28

15/04/16

18:45

Post #: 17516980
Share

Originally posted by Boomorbust ↑

Indicative Timetable states May however late May early June re-quotation is probably closer to the mark.

Beta Launch: July 2016 (timetable) and David has stated Beta within 90 days of re-quotation so that fits. There has been no communication regarding the specifics of the Beta launch aside from mention of the select markets/countries involved and they will be using the Beta to iterate the tech before global rollout. I'm sure we will hear specifics in due course.

Global Launch: Q4 2016
Again no specifics have been communicated regarding what this will look like however 50% of funding (presuming maximum subscription) has been allocated toward "Customer Acquisition" so marketing spend appears quite aggressive. Customer acquisition may include wining and dining; holidays; gambling & girls so hopefully there's some change left over from that.. Just joking..

5c x 961,000,000 shares (rounded up) including 147,000,000 Performance shares to Key Ideas in consideration of the acquisition (based on maximum subscription) = Circa 48m MC according to my calculations. Not sure if Performance shares are supposed to be included in the above calculation though. Maybe somebody else can chime in on that.
Without including the Performance shares that figure = Circa $41m MC (based on max sub) I'd like clarification on that figure myself tbh.

@RSD yes consolidation of shares has been completed at 5:1 already.

Expand

Cheers Boom - has been so long coming that I was a bit hazy on the early details.

PRA Price at posting: 1.0¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

UBI

Universal Biosensors flat despite fresh deal with US medical product distributor

INA

Imugene kicks off Australian trial for blood cancer treatment

MLG

Flynn Gold reaches milestone exploration target for Golden Ridge

MLS

Metro Mining inks bauxite offtake contracts into 2026 with Chinese m

Trump Victory Sends Bitcoin Surging Above $75K – Is $100K Next?

Week 45 Wrap: Combat sports usher in Trump 2.0 – or is it male insecurity?; RBA boring; Propane suggests China alive

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Trump is President Again: What Does This Mean for Crypto?

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

HotCopper Highlights: Your most watched and most discussed stocks this week

There are more pages in this discussion • 25 more messages in this thread...

First 60 Last

Add PRA (ASX) to my watchlist

Cheers Boom - has been so long coming that I was a bit hazy on...

Top Stories

Universal Biosensors flat despite fresh deal with US medical product distributor

Imugene kicks off Australian trial for blood cancer treatment

Flynn Gold reaches milestone exploration target for Golden Ridge

Metro Mining inks bauxite offtake contracts into 2026 with Chinese m

Trump Victory Sends Bitcoin Surging Above $75K – Is $100K Next?

Week 45 Wrap: Combat sports usher in Trump 2.0 – or is it male insecurity?; RBA boring; Propane suggests China alive

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Trump is President Again: What Does This Mean for Crypto?

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

HotCopper Highlights: Your most watched and most discussed stocks this week