Asked it. They said they are not looking in this area atm.
Said Accounting and Legal Firms are what they are after as Accounting Firms are consistent being you have to come back for your tax every year.
Another question was to possibly expand to Canada, after American success and maybe Europe in the future.
Key things were
- America is profitable but they are investing alot in it to expand hence why there was an operating loss
- No one else offers what they offer so they have no competitors at all
- Minimal expenses, so exponential in growth is very likely achieved.
Really think these guys are switched on and know what they are doing.
They are trying to expand very quick to.
Good hold here, should re-rate
QFE Price at posting:
36.0¢ Sentiment: Buy Disclosure: Held
