I agree.. I think out of all of the 'spec' tech stocks on the asx, this would have to be one of the more safer ones. It is obviously a product that the big boys like otherwise there is no way they would be able to have raised $50 million at such an inflated price.
With $48 million in the bank, revenue is not as important as bookings as they do not need to actually receive the money quickly. $4.2 million in bookings in 8 months is very positive.
Bought a couple chunks already but will have to buy more if it goes any lower.
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I agree.. I think out of all of the 'spec' tech stocks on the...
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