Let's take a step back and appreciate the following from a fundamental perspective
a) fundamental top-line change with the recent acquisition b) notable financial growth in the past year c) entry into the UK market now, with exisiting blue chip client base in it's existing countries marking it as a leader in the field
From the TA perspective
a) The new consolidation zone is right above a previous zone established last year. If you believe in DCF valuations and all that, one could argue that "intrinsic value" was at one point postulated to be around the 1.50-1.60$ a year ago. The company has significantly grown from a fundamental perspective with a product with strong fluidity (easily scalable). b) Confirmation of breakout today - maybe it trends now until the next report. Either way good performance.
DUB Price at posting:
$1.88 Sentiment: Buy Disclosure: Held
