Originally posted by tessathedog:
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Honestly, I don’t think it’s all THAT bad. It’s growing. More slowly that we’d expected, but it is developing. I still think at some point that growth is going to accelerate markedly and the bottom line will look much healthier. Just don’t ask me when. Management is doing ok, and a company in the early stages of trying to grow is going to have some issues to deal with. They will be duly dealt with. it was only a few months ago we were cheering them from the rafters. We might yet be doing so again after the fourth quarterly. It’s a fickle, immature stock. Folks may be putting too much weight on short term results and missing a much more favourable bigger longer term picture.
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It's been listed for over 6 years on ASX in the hottest industry with businesses desperate for cyber security protection. all very well being patient how long do we have to wait to see profit without an asterisk? We were apparently acquiring profitable businesses for me the acquisition strategy has not delivered shareholder value