What should be taken into account with this Company, is that once they sign someone like woolies the income from that deal circa $1mil is recurrent, ie woolies will be paying $1mil per year whilst they stay with the service. The company has low overheads and has now a base clientele which will continually keep them in a profitable position. Any new deals will be pure profit.
TLS and Optus are way behind the eight ball as they have major overheads.
Recommendation BUY....eventually once they have a large customer base they will be taken over.
Happy Punting
MUL Price at posting:
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