This is a fast growing company. ACV from 4MM to 5.6MM, in one...

This is a fast growing company. ACV from 4MM to 5.6MM, in one month.

It is very likely it will be 11.2MM ACV by year end.

Using forward P/ACV of 30x for next year is acceptable? If so, we will be looking at 1.00?

Points to consider.

Management mentioned in Jul 4C, on potential to sign deal. Then deliver it in Aug business update.

In latest update,

"The Company looks forward to informing the market of further growth in ACV when it next reports ACV levels in Oct 2020. In the interim, and as previously advised, a number of pending, individually material DPaaS/DaaS/AaaS contract awards will be separately announced to the market as they are confirmed by customer during Q1 and Q2 FY21."

"Pointerra has previously received interest from the US defence sector and recent US sales recruitment activities has generated immediate renewed interest from this sector, resulting in Pointerra being invited to undertake a platform demonstration and proof of concept at an exercise for the US Military during the month of September."

I am bullish, as the company is doing well. Once Pointerra hit ACV 11.2MM, we should see the $1 party soon, hopefully before Christmas.

I find it really hard to find such a high growth company with sticky product and good management. If you have another one, please share.

Hang tight. Enjoy the ride.

I am also active in Twitter, if you are interested in US positions, there are few good ones there too. @khaiteik