In addition to the sale infoscope brings in re-occurring licensing revenue which obviously when multiplied has the potential for significant reoccurring revenue. If you check through recent announcements you will see other already confirmed consultancy contracts which they have announced will contribute to next financial years revenue. A quick calculation of these figures and you will see this has them in a strong position even before potential infoscope contracts. Finally with only 45million shares issued the opportunity for a rapid rise in earnings per share is something that I find very attractive.
K2F Price at posting:
33.5¢ Sentiment: Buy Disclosure: Held