I agree Jocko..
As investors, we should seek and be invested in stocks that have a more than reasonable chance of achieving a SP catalyst that on the grounds of probability, re-rates the SP.
This stock in my view has a number of likely catalysts.
1. Soon to be announced contracts; locking in long term annuity revenue. Timing weeks/months.
2. PayDay Super reforms; locking in the tripling of revenue. Timing 24 - 36 months.
3. International expansion; greater than the current Hong Kong opportunity. Timing 24 - 36 mths.
4. Become a likely takeover target; annuity style SaaS revenue streams, 85 %+ GP margin attracting a premium priced offer. Timing 3 - 5 yrs.
These type of SaaS businesses generally attract a high takeover premium. SuperChoice and other similar business on the ASX have provided historical potential Mkt Cap guidance.
For example,
SOI SP Mkt Cap
1.7B. 0.12. $204M
1.7B. 0.16. $272M
1.7B. 0.20. $340M
1.7B. 0.30. $510M
1.7B. 0.40. $680M
1.7B. 0.50. $850M
I will leave it to your own analysis of how far this business will grow in mkt cap before a takeover bid is made.
Ian
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Last
9.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $165.3M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15789 | 9.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.6¢ | 212493 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 0.089 |
1 | 25000 | 0.088 |
2 | 40000 | 0.087 |
3 | 341176 | 0.085 |
1 | 37500 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.096 | 212493 | 1 |
0.105 | 220000 | 2 |
0.110 | 416017 | 1 |
0.115 | 129360 | 1 |
0.120 | 29765 | 2 |
Last trade - 09.44am 07/08/2025 (20 minute delay) ? |
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