Hi FP, this company has always promised so much but is taking longer than expected to get momentum in the US. I think this has changing recently and it's building there. I think many investors are watching it closely as it does have big potential. I know they're considering a listing on the ASX so that should increase their profile.
I don't think they generate much free cash flow with as they have around 30m of capex each year. It isn't a clean SaaS play more hardware which doesn't put it in the high flying bracket. Still though, I can see this getting to $4-5 if they continue to grow and penetrate the AU/US market.
Price at posting:
$3.18 Sentiment: Hold Disclosure: Not Held
