I was having a conversation with a friend yesterday over Reffind's prospects after having sent him the investor presentation video..... He just couldn't get the reason for the recent sell down, I explained profit taking and impatience, lack of long term vision, myopia.... he accepted those reasons but kept coming back to the numbers like any serious investor would....
"If we're adding 25 clients a month now with 400 leads is it not entirely possible that we'll add 30-35 a month on average through 2016 in Australia/NZ? I agreed. So that would give us between 500-600 clients in Australia/NZ by years end? I agreed. And if each client on average is using 2 of the 4 products at say an average price of $1500 to allow for the mix of different sized companies and pricing that would give us 1100x1500 $16 500 000 annualised revenue in Australia and NZ alone!? I agreed. And then there's the rest of the world! I agreed."
It was hard to get word in through his exuberance.....
I just wonder how long it'll take the rest of the market to wake up?
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