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

SWOT
Strength
won awards – a growing presence in the USA

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

Threats/Risks:

Buy this because…: possibility of takeover

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

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s