W2V Way 2 Vat Ltd - AI Software Applications

Anyone watching this company ?

https://www.asx.com.au/markets/company/w2v

Listed on ASX 17 Sep 2021

Current Market Cap $18.89 - Close today 2.9c

HC:

https://hotcopper.com.au/asx/w2v/



https://cdn-api.markitdigital.com/ap...2884-6A1193999

15.2.24

Launch of World's first AI Driven automated Auditing product


Could be quite a bit of upswing in this taking off .. already quite a few scored multiple bags

Very speccy. One of those ones that could race to a $1b valuation on pure hype/fomo and have bugger all revenue .

Clearly going to need a few more cap raises to keep the lights on.

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Originally Posted by Rawz

Very speccy. One of those ones that could race to a $1b valuation on pure hype/fomo and have bugger all revenue .

Clearly going to need a few more cap raises to keep the lights on.

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Off like a Robbers dog today

Reading elsewhere someone has thrown a bundle on the line today... 5.0 mil @ 3.5c

Already growing Revenue with this one & into a pretty hot Sector .. Interesting Core Stakeholders behind it too with a recent track record of bringing home the bacon :)

This is not a retail service provider but B2B - with potentially a global service business client base

Fri SP down lots. Cap raise announced today. hmmmmm. Must be a leaky ship?

This is a pump n dump stock?

No guidance given for FY25.

No guidance and weak balance sheet makes it a pure spec stock imo. Like not an investment, just a punt

Quote:

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Originally Posted by Rawz

Fri SP down lots. Cap raise announced today. hmmmmm. Must be a leaky ship?

This is a pump n dump stock?

No guidance given for FY25.

No guidance and weak balance sheet makes it a pure spec stock imo. Like not an investment, just a punt

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Here's the Announcement:

https://cdn-api.markitdigital.com/ap...7140-6A1195329

No new Cap Raise announced there .. only note of ones already done in the period reported ;)

Might be an interesting long running pump when some of initiatives start pulling in revenues .. but who knows ;)


Progress announced so far speaks for itself

Maybe their next announcement might include something AI to help with your ASX picks ? ;)

Quote:

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Originally Posted by nztx

Here's the Announcement:

https://cdn-api.markitdigital.com/ap...7140-6A1195329

No new Cap Raise announced there .. only note of ones already done in the period reported ;)

Might be an interesting long running pump when some of initiatives start pulling in revenues .. but who knows ;)


Progress announced so far speaks for itself

Maybe their next announcement might include something AI to help with your ASX picks ? ;)

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Have a read here

Announcement (stocknessmonster.com)

TRADING HALT REQUEST – ASX: W2VIn accordance with ASX Listing Rule 17.1, Way2Vat Limited (the Company) hereby requests a trading halt pending an announcement in relation to a proposed capital raising.The trading halt will remain in place until the earlier of the commencement of normal trading on Wednesday, 28 February 2024, or until the release of the announcement in respect of the above matter.

The glamours headline got you mate. You missed the key detail. Cap raise coming at 2cents? Keep the lights on for long enough for the next pump and dump. Meanwhile the big headlines of large revenue growth off a tiny base and the pumping on HC will keep enough on board ;)

Quote:

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Originally Posted by Rawz

Have a read here

Announcement (stocknessmonster.com)

TRADING HALT REQUEST – ASX: W2VIn accordance with ASX Listing Rule 17.1, Way2Vat Limited (the Company) hereby requests a trading halt pending an announcement in relation to a proposed capital raising.The trading halt will remain in place until the earlier of the commencement of normal trading on Wednesday, 28 February 2024, or until the release of the announcement in respect of the above matter.

The glamours headline got you mate. You missed the key detail. Cap raise coming at 2cents? Keep the lights on for long enough for the next pump and dump. Meanwhile the big headlines of large revenue growth off a tiny base and the pumping on HC will keep enough on board ;)

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Might be positive . just imagine what extra Cap raised could do to the already growing prospects .. all the Cap Raise might have already been placed too .. might have jump onboard :) It might be a case of "Got You" and you missed the chance .. but who knows

Just because NZX Lister Cap Raises are generally to dig out of a large hole. calamity or mess, it's not nec the case elsewhere ;)

Here we go.. https://stocknessmonster.com/announc...asx-6A1195750/

Way2VAT is raising approximately $4.25m via a Placement and $1.0m via Share Purchase Plan at an offer price of $0.022.Shares will be offered under the Placement with two (2) free attaching Options for every three (3) New Shares issued.

The attaching options are intended to be listed on the ASX (subject to the Company satisfying ASX quotation requirements) with anexercise price of 0.033 and will expire on 28 February 2026.
• Proceeds from the Capital Raise will be used for working capital purposes and accelerate recent company initiatives undertaken to expedite the pathway to profitability.

or in other words. Proceeds will be used to keep the lights on and accelerate recent pump initiatives... lol sorry couldnt help myself. good luck

Quote:

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Originally Posted by Rawz

Here we go.. https://stocknessmonster.com/announc...asx-6A1195750/

Way2VAT is raising approximately $4.25m via a Placement and $1.0m via Share Purchase Plan at an offer price of $0.022.Shares will be offered under the Placement with two (2) free attaching Options for every three (3) New Shares issued.

The attaching options are intended to be listed on the ASX (subject to the Company satisfying ASX quotation requirements) with anexercise price of 0.033 and will expire on 28 February 2026.
• Proceeds from the Capital Raise will be used for working capital purposes and accelerate recent company initiatives undertaken to expedite the pathway to profitability.

or in other words. Proceeds will be used to keep the lights on and accelerate recent pump initiatives... lol sorry couldnt help myself. good luck

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Time will tell - good friend :)

Might to have see if there are further from the CapRaise available for the grabbing ..

Zoom zoom .. AI seems to have got the market's attention .. BRN, WHK

W2V up to 2.5c post Cap Raise this arbo