ASX:AHI
Last Price:
$0.078
Date of Initial Coverage
20-Apr-20
Initial Entry Price
$0.250
Returns from Initial Entry
-69%
For AHI to move from a ‘pre-revenue’ company to a ‘growth company’ by finding product market fit AND capitalising on the large audiences of any of the platforms that it has partnered with.
After multiple false starts including failing to capture any revenue from the Tinjoy partnership, failing to deliver on the timelines set by the Nexus Vita partnership, and the multiple delays of key financial statements, we have reduced confidence in AHI’s ability to stick to its promises and timeframes and the stock has been moved to the “Bottom Drawer” Portfolio.
We are holding on to the stock for now in the hope that the new CEO can capture the attention of the US audience, and may sell out of our position to free up capital for other investments if there is increased liquidity on the stock off the back of a good announcement.
📋 About: Advanced Human Imaging LTD (ASX: AHI), has created a technology embedded in a partner's app, that uses pictures from your smart phone to create a representation of you in the form of a 3D avatar with accurate circumference measurements.
AHI’s makes money by letting companies integrate the AHI 3D body scan technology into its digital products and services, and charges a fee every time that the scan is used.
✅ Initial Investment: @25c
✅ Top Slice
✅ Free Carry
✅ Increase Investment: @33c
✅ Free Carry
✅ Increase Investment: @83c
✅ Free Carry
✅ Increase Investment: @$2.0
✅ Free Carry
✅ Take Profit
✅ Price increases 300% from initial entry
✅ Price increases 500% from initial entry
✅ Price increases 1000% from initial entry
✅ 12 Month Capital Gain Discount
🔲 Hold remaining Position for next 2+ years
