Ann: Key customer contract extension and uplift via Telstra, page-13

Have been holding a few FCT for a while, but first time posting here.

Tax loss selling has been the main driver of the SP falling recently. This appears to be done now.

The company is generating circa $10.4m in annual recuring revenues, and with the latest announcement on the Telstra is forecasting a 20% revenue growth in FY2 (~$12m). Any new material contract wins are a bonus.

IMO the upside from here (from a SP and market valuation perspective) far outweighs the downside and I've added to my position on this SP weakness.