Datametrex AI Ltd V.DM

Alternate Symbol(s): DTMXF

Technology Information Technology Services

Datametrex AI Limited is a technology-focused company with exposure to artificial intelligence, healthcare, and mobile gaming. It is focused on collecting, analyzing and presenting structured and unstructured data using machine learning and artificial intelligence. The Company's products include AnalyticsGPT, Cyber Security, and Healthcare. AnalyticsGPT platform scans vast data streams from social media, news, blogs, forums, messengers, enterprise data, and the dark Web, creating predictive analytics. Cyber Security is a deep analytics platform that captures, structures, and visualizes vast amounts of unstructured social media data, which is used as a discovery tool that allows organizations to make decisions. It offers Nexa Products, which consists of NexaSecurity and NexaSMART. Healthcare consists of Imagine Health Centres, a multidisciplinary healthcare facility, and Medi-Call, a telehealth platform. The Company also offers a mobile blockchain game, Cereal Crunch.

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Datametrex AI Ltd > Don't understand

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Comment by MLorenzoon Jan 17, 2022 5:01pm

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Post# 34326152

RE:RE:RE:RE:Don't understand

I'm not sure the exact number, but i'll spin it another way.
$2.5 million is only 10-20% of their incremental cash for 2022, so their net cash will still substantially increase this coming year if they do a buyback.
...and the 10 million share retirement would be from 'weak' hands. So if 100 million shares are in short term traders/flippers then the company would be retiring 10 million of those 100 million shares (10%), not just taking the share count from 355M to 345M.
All perspective.

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