The more I think about this, it's bloody absurd.
Contracts sole sourced - no competitors.
Customer churn - zero.
POC win ratio - greater than 95% success rate.
POCs won - waiting on budget allocations.
Kojensi clients - SAP, Thales, Rheinmetall, SAFRAN, Hanhwa, TOLL, babcock, etc.
Margins - increasing in line with revenue base shift from services to licence-based.
Cashflow - neutral to positive being targeted.
If these comments are all true - I'm undertaking my own DD to try and verify all this - the value of the business will be materially higher, and justify the oft-spoken about re-rate.
The more I think about this, it's bloody absurd.Contracts sole...
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Last
9.1¢ |
Change
0.002(2.25%) |
Mkt cap ! $26.04M | |||
| Open | High | Low | Value | Volume |
| 9.3¢ | 9.4¢ | 9.1¢ | $2.57K | 27.83K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10054 | 9.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.5¢ | 54400 | 3 |
View Market Depth
| Last trade - 10.25am 04/06/2024 (20 minute delay) ? |
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Last
9.3¢ |
Change
0.002 ( 0.54 %) |
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| Open | High | Low | Volume | ||
| 9.3¢ | 9.3¢ | 9.3¢ | 79 | ||
| Last updated 15.14pm 04/06/2024 ? | |||||
| AR9 (ASX) Chart |