Short Term Trading Week Starting: 24 Apr, page-17

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    STTCOMP BGE FA LONG

    About Bridge Bridge provides Software-as-a-Service (SaaS) based Customer Relationship Management (CRM) and workflow solutions to the employment & NDIS industries. Bridge commenced operations in 2008 and has built an established, high-quality customer base within the Employment Services segment.

    MC $2.38 M (at current 0.034 share price)
    SOI 70 M
    Cash $2 M (estimated left over for the upcoming quarterly)

    Reasons for potential rerate:
    - Servicing a large NDIS market.
    - IPO from 6 months ago priced at 0.20 and now sitting at 0.034 with the market cap sitting close to cash backing.
    - A very cheap valuation, so any good news or revenue can cause a rerate.
    - Upside is much greater than the downside given the cash backing.
 
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