I am not saying that the announcement is great and fantastic and deserves a price sensitive tag on it. In fact, it doesn't, hence it has not been labelled as such.
The only thing that I draw out of the announcement is that NRL league has signed an agreement with Catapult. What financial impact to Catapult? Probably not much. It's the aggregated deal which is the structure of the deal that I think the company wanted to draw attention to rather than the significance of the deal.
I am biased because I am a person, everyone will have their own bias. My current bias is that all these problems will be resolved in time. And when that happens, the share price will be sitting at $4 to $5..and I would have made some dough.
My decision to invest is driven by the fact that this company is undervalued compared to many other recurring revenue nature companies on valuation metrics. I am fully aware of all the risks, and I don't have to articulate all the risks here on the forum coz the annual report pretty much cover most of the potential risks of investing in it, one should just read it and be informed.
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