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@hawkesbay
The Botswana opportunity is not taking away focus from anything else. All they have done is given somebody else the opportunity to sell it in their territory with CTEA having to do next to nothing. It shows how the level this app is being pitched at (governmental, public services) and international scope. CTEA can focus on other deals.
The future is not about that one opportunity. Expect news on commercial deals closer to home soon, as promised by Guy.
There is now a massive ramp happening in Africa to get mobile data and digital services to all.
Having Key apps in the region from now is key to longer (2 - 5 year) success.
" July 8, 2020 — The World Bank Board of Directors approved today a $100 million International Development Association (IDA)* which includes $50 million credit and $50 million grant to help Niger implement an ambitious program to use digital infrastructure and services to modernize its economy and strengthen access to basic services."
Source: https://www.worldbank.org/en/news/press-release/2020/07/08/world-bank-provides-100-million-to-help-accelerate-digital-transformation-in-niger
Africa is going through a massive economic and social revolution thanks to mobile / smartphones.
Sub-Saharan Africa’s opportunities are vast, home to the world’s largest free trade area, and a 1.2 billion-person market.
Due the nature of the region there is still a lot of work migration, so having ID's and certifications that can be easily sent to people via app, plus the easy of updates and verification, makes these digital tools essential to the new modes of working in the region.
The World Bank is stepping up support for digital transformation in Africa in collaboration with the AUC, AFDB, UNECA, China, the French Development Agency (AFD), the UK Department for International Development (DFID), Japan International Coordination Agency (JICA), EU, European Investment Bank (EIB), Bill and Melinda Gates Foundation, the International Telecommunications Union, and Smart Africa.
Hawk - Your condescending attitude smells like Cloudstrife. Take a seat with him the trash bin. Adios.
Jo there are a lot of impatient people on AIM who flit from one thing to the next , but that creates opportunities. If there are no sales this month we could be back to 2.5-3p by the end of the month. If we get towards that I will be topping up for sure. When it’s a new product and you are waiting for the first sale it is bound to be a tense time, especially the longer it goes on but I will be surprised if we see sales as soon as 3 - 4 weeks, hope I’m wrong though obviously. If we get a few sales I expect to see us 10-15p so I think it’s a calculated risk , if you can get in at the right price. A sales announcement could of course drop at any time. I am optimistic because I can see a need for the product , and if I can see it I can’t see why people making the decision to buy won’t see it as well. Of course when we get a few sales it’s much easier to get more as you have a lot more credibility.
On the turn, still lots of interest..
dgb, Many thanks for your insights some time back. Yep agree with you on most. Not sure if we can hold at those levels without revenue. Looking at the history I am a bit nervous at adding here.
Patience everybody
Top up and be patient...
Once again, assuming info under fundamentals on this site are correct, there are more buys than sells. Been like that, from memory, every day for last 5/6 days. MM’s are playing there normal games trying to catch sellers. Also spread very wide so why would anybody sell now ?
As per previous Post I’m holding & will buy some more. Guy said should be news within weeks not days . ATB to the serious investors
Yes I have filtered some of the trolls on here, makes for better reading. I expect us to trend down to below 4p unless/until we get some sales news. I sold 2/3rd between 5.5 and 8p and am happy to sit tight. If it goes sub 4p I will be buying again .We have to give it time now to see if the company can get some sales.
We aren't owed any news, all we can do now is either:
- Hold what you have
- Top up even more
When RNS hits, we will all be laughing
As for the green bars, love I cant see what nonsense the BB trolls are spouting :D
going down and down, surely news isn't too far away now ?
Buys flying in now
Probably gone to chase rainbows at EUA which has now stalled
It’s ridiculous for a commercial company like this to be developing an app and not expect any profit. Guy has been brilliant and already said that he looks forward to creating shareholder wealth in the coming weeks / months.
Surprising that there’s so much selling here. Impatient holders.
Just need to wait for some contract news and then we’ll be back towards 10p
A lot of selling going on. SP 4.5 on HL
Bye cloudstrife - PLEASE don’t bother returning back to post anytime soon.
You won’t be missed here
Just a matter of time now for contract news ...
Interesting to see if Higgs increase holding ?
GLA
@factotum
The Botswana 'deal' isn't a technical trial - its similar to a reseller agreement. Basically they have handed a branded version of the app to a very well connected person (former ambassador) who will sell it into the state apparatus on their behalf. This is up to 345m users in various sectors. It's basically like hiring a salesman for free for a whole country they have no real access to. The ambassador is selling the tech on their behalf.
SP has risen from 2.5p to a stable 5.5p in matter of weeks. That's an upward trend.
The COV-ID is also not the main long-term opportunity for this company. The other implementations are. It's just that Cov-ID paves the way for businesses to get used to the idea of digital passports & blockchain.
(Agree with you on the low quality posts)
Patience Facto and all genuine holders here will be rewarded handsomely I'm confident of that. x
I get the impression that they are the dangling carrots....I also asked the same question regarding the number of employees some time back. Hope it all ends well.
Talk of a takeover seems to me to be a red herring. Ctea are using chainZy to host their app. ChainZy have the blockchain technology so if anything, they would be the ones to be taken over.
Mr & Mrs Higgs may just be playing us.
GLA
He’s an absolute nutter
sounds like you want in Crizmo ;) go on treat yourself