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Idex ASA (IDXAF)
Other OTC - Other OTC Delayed price. Currency in USD
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Well they rung the bell today. Can’t wait till people cotton on to this companies potential.
What’s with the silence on this chat and the low volume? They have recently signed huge deals and are shipping a pretty unique product. The market seems to have ignored this gem.
Given how slow they are to release financials, which is what I am guessing will be the catalyst for the sp, when do people think the market will notice them?
Oslo, Norway, 16 April 2020: IDEX Biometrics ASA, a leading provider of advanced fingerprint identification and authentication solutions, today announced that its dual interface technology has been included in a recently certified biometric payment card. The certification was achieved with our partner, a leading European headquartered tier 1 payment card manufacturer. This is the second certified biometric payment card that includes IDEX’s technology, the other being issued on the China UnionPay network.
This certification is another critical milestone for IDEX. Its complete biometric solution, including sensor, software and matching algorithm, are now certified for biometric payment cards available on two leading global payment networks. IDEX is the only fingerprint company to have achieved certification for its system solution with two global payment networks. These networks between them represent 70% of the global brand general purpose payment cards. The certifications enable the transition from the pilot phase to commercialization and broad market adoption of biometric payment cards. The total addressable market for biometric payment cards is 8.2 billion units and growing.
IDEX Biometrics CEO, Vince Graziani commented, “This is another significant achievement for IDEX as it validates that our technology has passed the stringent certification requirements from multiple major global payment schemes. Certified payment cards including IDEX’s technology are now available for commercial launches globally.” continued Vince.
Link to the Nasdaq registration:
Idex is getting signed to Nasdaq USA, which is huge! The first trading day may already be the 24th of February!
The Ticker"code" will be: IDBA.
They will also be reveiling 4th quarter 2020 at 25 February 2021.
1 year target 7-13 nok, so this maybe x2-4 within the year!
First high volume production order. Share price +28% on 10x average volume. Fasten your seatbelts.
Might be a move here.
When will the ADS shares be listed on the NASDAQ?
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