ACE 0.73% 69.0¢ acusensus limited.

Ann: Acusensus FY24 Results Webinar, page-4

  1. 548 Posts.
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    It isn't ideal I know, but it's unfortunately designed to get people to sell down. Just be patient. Remind yourself of fundamentals and what's happening now:

    • Revenue is up 18% year on year for FY24
    • Extremely strong cash position ($19M in reserves)
    • Contract renewals and expansions in NSW, QLD and the US (0.8M in Georgia)
    • Revenue from outside AUS went from 1% to 4%, so in other words, there's huge room for growth
    • Named 2024 Vic scaleup of year (more exposure than anything else)
    • Won CIHT Road Safety award in UK, which is a big deal https://roadsafetygb.org.uk/news/acusensus-road-safety-award-proves-distracted-driving-being-taken-seriously/
    • 2 lots of insider buying within the last 6 months
    • There's a patent case with a close competitor, if they breached our patent well they're majorly screwed for future tenders
    • RAC offered huge support for ACE in the UK (the UK version of the RACV who have a lot of authority and pull there)
    • We just hired Violet snell, one the pioneers of AI machine learning, it's a huge scalp
    • State governments have all been increasing their spend on road safety, so the money is growing


    And just now someone purchased over $150k of shares this arvo. So that's pretty much vindication with regards to what i was saying about the SP being driven down to allow someone to enter at a lower price. They've obviously been pushing it progressively lower from 600 to 550 to hit this mark, purely so that this big kahuna can purchase such a large amount on market. This is the proof right here of manipulation. I don't expect it to be drive down much more now that this instigator has occurred (assuming i'm right).

    Trust me when I say, just hold onto your shares.
    Last edited by grossy66: 02/08/24
 
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