RE:25.5 CSorry, not exactly a money raise at 26 cents. Incentive share options issued at 26 cents.
Large volume of shares purchased just below that in 2020, like I stated, around the 24 or 25 cent level. It will consolidate at that level with news. Lack of news, it should try and hold around the 20 cent mark.
I believe that without improvement of the existing verticals, the company sees no value in releasing an app, that is not user friendly, and will not lead to sales. Also promotion and marketing being kept to a minimum, to preserve cash. So delays in releasing an improved product is hurting the stock.
Too bad because E-Game , E- Sports, and Med , would be sectors of online and E-commerce, that are booming right now. Nothing to help the remittance division, means a very slow growth. Game is active, but has to be worked on. Give people a reason to dowmload it.
Fin looks to be on ice as well. Realty should be shelved and done over.
Also, company will need to hire staff to intergrate and cross promote the verticals. One can not expect this to be done, until some professional hires are done. A few Sillicon Valley,up and comers, perhaps. Otherwise, big banks or big social networks, will not entertain a business tie-up.