Hi Libero15 May 2014 11:48
As always a very informative poster. Im looking at the mcap and wondering whether we have fair value. From this perspective I see a little downside and the possibility of an equity raising to strengthen the cash position as we try and expand the business to America etc. I am concerned that the recent Facebook, twitter Yooniv sites have fallen flat in recent couple of months. Compare that to the likes of netflix etc who have on going content discussion and promotion. The good thing is the revenues are still coming in. I do sometimes wonder whether there is demand amongst migrant communities in UK to pay services. So much competition out there. Having said that Yoonic / Yoomob is cheap to the customer. Our business model is a good one. The aim for the company must surely be the Netflix of the migrant communities.