I suspect everyone is a bagholder (me included - down 25%). Not prepared to average down any further.
What is everyone's view on potential catalysts? - a takeover (private equity) offer - management taking it private (wild guess without any basis) - consistent good results - some sort of announcement
I think good results over 2 reporting periods and eventual re-inclusion in the ASX 300 may change the trajectory but I do not see any clever announcment making a dent (partnership, new product, forecast, etc).
Therefore I do not see any strong potential catalysts in the next 5-6 months. Does anyone else? If you agree with my thinking, then it begs the question of how low will it go in the interim without any significant potential catalysts? Or do you think there is some sort of rabbit they can pull out of their hat?
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