It's not just a bad business. It's one of the most overpriced Australian IPO's i've ever seen. Asking for Tech multiples for a low margin business.
Might as well buy TSLA if you want to buy this at this absurd valuation.
This is worse than the infamous Nuix Float, atleast that thing still has a Solid Moat.
Ann: Anticipated Admission and Quotation, page-8
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