I don't think founders are selling. Correct me if I'm wrong. Company said, despite resigning from the board, the Huljich family has no intention of further selling. Wouldn't there have been a disclosure statement by now if they were selling as they are a substantial holder? Or if you're talking about Bruce wouldn't it be disclosed as he is CEO?
Customer numbers have grown at record pace (8190 to 8489) and should continue to do so through the CCB cross-selling
Only thing I can put it down to is people are connecting dots between covid19 and sales of enterprise software. Companies who sell direct to large organisations are struggling and I think you could put churches and pushpay in this boat. So perhaps the market thinks this (overall growth in customer numbers) is a leading indicator of revenue growth?
PPH Price at posting:
$6.93 Sentiment: Buy Disclosure: Held