the growth in new contract numbers - or lack of it - suggests the possibility a couple of things might be going on, neither particularly upbeat.
(1) IMEXHS cloud (Aquila) sales to date have bagged the low hanging fruit and further sales growth won’t be so easy. Or,
(2) IMEXHS cloud really is just a niche product and the company might already be close to filling that niche out.
i personally have no idea either way, but am searching for something to explain the relentless decline in the SP, which shows no sign of stopping.
the SP continues its trend decline from around $2.30 in April 2021, losing more than three quarters of its value..
thoughts?
Ann: 2022 Q1 Quarterly Activities Report and Appendix 4C, page-5
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