Hey DB really appreciate the response, thanks! It is incredible that we have been punching 'well above our weight' for a good 3 years now - and yet we are still trading in the exact same SP range as back in 2020 and most of 2021. This leads me to my question:
Is BCC being driven down by macroeconomic factors and the turn in the overall market sentiment or are we falling short in some other areas?
Ultimately, the promises of growth are all fine and good, except that as a shareholder SP performance is what matters most, parking serious money for 3 years for a SP to trade flat (without trying to be smart and skimming the profits at the peaks i.e. .550 ATH times) presents opportunity loss and other unpleasantries.
Does our BCC investor community (I understand that we are a biased source) still trust the original investment thesis and modelling (from 2020) that pointed to ~$1-1.2+ SP range by the end of FY23?
I will revisit our older threads and see how we tracking against some of the model indicators ( orders/invoices/revenue/subscribers) to see if we are observing some SP lag.
P.s. The Pac Partners investment evaluation / broker coverage target SP for the year was... 0.320 - we were at 0.315 earlier today, another 11months to go in this financial year to go well above that.
BCC Price at posting:
29.0¢ Sentiment: Buy Disclosure: Held
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