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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
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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.
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
Last edited by nztx; 22-02-2024 at 12:54 PM.
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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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Last edited by nztx; 26-02-2024 at 01:56 PM.
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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 ?
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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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
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
Last edited by nztx; 26-02-2024 at 04:37 PM.
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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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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
Time will tell - good friend
Might to have see if there are further from the CapRaise available for the grabbing ..
Last edited by nztx; 28-02-2024 at 10:51 PM.
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Zoom zoom .. AI seems to have got the market's attention .. BRN, WHK
W2V up to 2.5c post Cap Raise this arbo
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