I agree with playing the long game with 3DP, however, there are definitely more red flags than green points.
I have held this for quite some time and the SP is basically where it was at the start of 2016 which is alarming.
A straight fact is that revenue despite all this talk of a $0.9m ACV has gone nowhere. Below is a direct extract from the half-year reports with figures until the 12 months to each respective period.
There's no argument against this, it's as per the audited half-year reports. This is why the SP is going nowhere and honestly, there is a lot of hope baked in at current levels (myself included).
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Ann: Appendix 4C - quarterly, page-52
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