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 > Recent Insider buying and share buy backs

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Comment by Widendumbon May 05, 2022 2:02pm

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Post# 34659453

RE:Recent Insider buying and share buy backs

Freedom10x wrote: Datametrex management should come out swing with the buy back shares news release to come, stating their give the company the option to buy back 150million shares over the next three years. They wouldn't be obligated to buy them all but would leave the door open to that possibility. (Big numbers make people sit up and look) It would also give the company three years to pick off any low hanging fruit in share prices and give the company the ability to randomly attack market manipulators. Just my two cents.
Furthermore more it is nice to see insiders buying shares on the open market but time will tell if it was in the valued shareholders interest or in their own personal short term interest. I haven't sold since I bought in over three years ago I expect management to be able to do the same.

I don't see them getting permission to buy back that much but I think a share buyback is fantastic news.....it does clearly show one thing....management is not concerned about a drop in future revenue for the next little while....they wouldn't be dipping into the piggy bank if they were