The share price drop just a part of the broader sell-off in the ASX I'd say. It will likely recover stronger than the sell off once the market rebounds.
Completely agree with it being undervalued. Nearmap's new business growth also went negative last financial year, they just made more money off exisiting clients. Aerometrex new business growth went up significantly. The runway for this company is huge once the word gets out overseas.
To contrast I'm (unfortunately) invested in a few other small caps at the moment, they share incredibly little with share holders, lose tens of millions of dollars year after year, have struggled to get additional funding to support their future growth and still some of their share prices are up near 250% for the year haha. It's a very strange investment world.
AMX Price at posting:
$1.28 Sentiment: Buy Disclosure: Held
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