WSY 9.09% 1.0¢ webspy limited

any thoughts?

  1. 2,215 Posts.
    Another cashflow-positive quarter, profitable even, could make them worth something.

    Current market cap is $2m-$3m - depending on which day of the week it is - trade like oppies. Revenues have been steadily increasing and have recently overtaken outgoings.

    Microsoft is distribution partner.

    Revenue comes largely from business segment and increasingly from services (ie support) so less likely to churn.

    Investors have recently cashed in convertible notes for shares (read the conditions of the notes to understand this).

    Thoughts please?
 
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Currently unlisted public company.

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