Bango Share Price (BGO)

Nothing new, how it’s always been. Matters little to me. When I sell my holding this will have a market cap of many times today’s value and the pony market maker will be history.

With such little movement in share price recently and the high spread, what do we think the cause of that is?

Higher or Lower forecast $53.5m!??

“Is that a ‘2’ I see there Bruce? I’ll go higher.”

ST - 10th Sept 2021 price target 260. The same Simon Thompson that has tipped so many clangers over the years including BATM (Feb 2 2021 - target 170, current 19). Giving up subscribing to that mag/rag has saved me losing more money.

My take on the results includes the following:

The Digital Vending Machine is the basis of the most profitable part of Bango. It is way ahead of the competition.

There is a great deal of potential demand for the DVD as the benefits for the Telcos are huge.

While there are very good reasons to adopt the DVD there are reasons not to do so.

One of the major barriers is the problem of interfacing the Telco's software with Bango's. If either party changes their software the interface may require revision. Bango has been working on simplifying the interface and this will be released in 2024.

Bango has transferred software developers at scale and these are working on major reductions to the reasons not to adopt the DVM.

Towards the end of 2024 it is reasonable to expect a significant increase in the number of sales of the DVM.