8CO 0.00% 3.6¢ 8common limited

Ann: March 2017 - quarter update, page-4

  1. 624 Posts.
    lightbulb Created with Sketch. 51
    Interesting proposition, if the sale goes through bringing their cash balance to around 4.5-5 mill, the market is currently valuing their expense8 software which has existing clients and growing revenue at less then Zero.
    The liquidity on this one could scare a few investors away, it dropped from a close of 8.9 cents to 4.1 cents over the course of roughly 2 months with a cumulative volume of 102 420...lol
    Only 16 804 shares have traded under the 5 cent mark.
    Seems like a decent risk reward trade off to me at the current price, little down side risk with the expected cash backing from the business sale.
 
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