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Bullboard - Stock Discussion Forum Datametrex AI Ltd V.DM

Alternate Symbol(s):  DTMXF

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... see more

TSXV:DM - Post Discussion

Datametrex AI Ltd > Market Cap
View:
Post by Investor10X on Jun 28, 2022 11:15pm

Market Cap

To put things in perspective, half of DM's current market cap is in cash!  lol  And cash is still king in a bad market.  Marshall is also out of the office until June 30th.
Comment by dirtydzn on Jun 28, 2022 11:21pm
I don't believe having 50% of MC is a requirement. It may look good but means nothing for uplisting.
Comment by Investor10X on Jun 29, 2022 12:05am
The market cap shouldn't matter for uplisting, as DM is a profitable company and should therefore fall under those requirements. My last post was to point out that half of the current market cap is in cash and if you were to put the value of what DM paid for MediCall and the EV vertical on top of that, the company is literally trading under that value.   As it stands we don't know ...more  
Comment by dirtydzn on Jun 29, 2022 12:22am
The MC part is what I find confusing but I think you're right. If the company is profitable, which DM is, then MC may not be an issue even though Tech companies require a 50 million MC. I believe you are correct as many tech start up are not profitable. I did find this on an law firm's website " The listing requirements can sometimes be confusing and waivers can be obtained when a ...more  
Comment by tankumo on Jun 28, 2022 11:29pm
And we know cash revenue keeps coming in from covid test.
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