Market Cap is simply ridiculous at these levels. The rebuild over the past 12 months which include the acquisition of Triedpont/Onify, Prodigy 9, new capabilities in Fintech/AI which enable us to compete for large jobs is not yet reflected in any way with the sp although it is beginning to be reflected in increased revenues.
Speaking of revenues, so many tech stocks in this sector that still have zero revenues yet they are capitalized at multiples above IFG.
The only consolation for the slide in the sp that i can find is that the rollout now appears complete. Clovis Warlop/Ingenium Technologies & Chakrit Wichian/Prodigy 9 shares have been now been approved and their financial compensation is tied to company performance.
I seriously cant recall ever being involved with an ASX stock with a market cap this low, especially one that has any sort of potential.
As its so early in the new rollout all i can see right here and now is OPPORTUNITY.
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