Looks like company has reached turning point. All metrics were outstanding in 2H FY 23 and now this update reconfirms that. I am very positive about long term prospects of this company. Also recently in May long term substantial shareholders, Quest, increased its holding by $24 m. Top 24 controls 51% shares with management and founders holding significant portion. Total addressable market is huge and if management continues on this path, we can expect few multiples from here. However, due to extremely tight register, not easy to get in or out, so patience is key. All IMO.
Disclosure - bought recently after FY23 results at 1.06 and holding.
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1 | 7000 | 1.930 |
1 | 5208 | 1.920 |
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Price($) | Vol. | No. |
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2.010 | 2927 | 1 |
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