I am always better for you Saragian, with your uncanny and...

  1. 20,794 Posts.
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    I am always better for you Saragian, with your uncanny and so-very-precise timing.
    Thank you.

    When St0ckHead reported on the AD1 government contracts last month - July 7 [see here] - it said

    ... “CEO Prashant Chandra said this morning’s deal meant AD1 now had 97 per cent of its employment platform subscription revenue locked in on multi-year contracts.
    Shares in AD1 briefly tripled at the opening bell, before easing back slightly.
    The latest deal also provides the basis for a pipeline of future work with the Victorian government, including the integration of the Careers.Vic platform with the VIC Jobs API Gateway that is currently in development...”

    Synchronistically, I had a rich relative long ago, who discoursed at family Christmas tables on how long term government employment contracts were the bread and butter of his business.
    Those were days when most jobs were advertised in newspapers.
    It sounds as if AD1 might be on a similar trajectory but via an online portal ..
    like SEEK ?

    And I see there have been a few references to that large competitor on these threads over the years starting with @shimmer ‘s lift from The Australian in July 2016... [see here].
    The price was 36c that day, not so long after launch ...

    Obviously, after that, something went badly wrong, but based on volume on the monthly chart, there seems to be a great deal of new confidence?

    cheers

    C713BA73-445A-4D15-958B-18A66969B0E7.jpeg
    Last edited by sabine: 04/08/20
 
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