I might just add to this. Sovereign risk is one side of the coin, the other is labour costs. Where CEOs in Australian tech are seeing labour inflation of as high as 40%, that same 40% inflation in Columbia means overall cost of IT labour is still 1/3 or a fifth of what it is here.
This means IME can price their software at a fraction of an equivalent competitor in the US and Australia and still be profitable at scale (theoretically).
There’s no moat like being cheap!
I might just add to this. Sovereign risk is one side of the...
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Last
41.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.04M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4825 | 41.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.0¢ | 20000 | 1 |
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