ASX:IWG iWebgate – protecting your VPN

Corporate Snapshot

Market Cap (as of 15 March 2015) 227M (fully diluted (300 shares escrowed Dec 16)) 345M
Share Price: $0.38
Cash @ March 15 $ 3 M

Type of Co
IT – growth phase

In My Honest Opinion:
what they do:
provide a security platform for VPNs (Virtual Private Networks)
reduces the need for a firewall
seeks to segregate the Network, connections, devices and data

won awards – a growing presence in the USA

growing use of virtualization since 1998 when it first came out
subscription service
fast and scalable


Buy this because…: possibility of takeover

my call: wait seems quite highly priced for a such a small co even in the IT sphere


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