This means we have now witnessed an increase of $19.6 m in Total Subscription Contract Value since the 19th of November 2019 ( 5 months). With contract durations averaging 3 + years, future earnings are being locked in, this creating a very solid platform for the future.
The shift in strategy to a Subscription model coupled with years of innovation and product development is now paying dividends. SP should continue to re-rate in the coming months / years. A high conviction hold in my book.
Rokewa
Ann: Software Subscription TCV and ARR Update, page-2
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Last
$3.06 |
Change
0.140(4.79%) |
Mkt cap ! $677.5M | |||
| Open | High | Low | Value | Volume |
| $2.93 | $3.06 | $2.89 | $2.339M | 782.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3528 | $3.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.08 | 7733 | 2 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| RUL (ASX) Chart |