They are at the point where they need to secure some large contracts that is for sure. However, page 7 of the AGM presentation released last month does state that "Larger partner prospects are proceeding". So I am thinking that they are on the verge of something substantial.
US Small Cap fund Topline Capital now holds circa 10% of the company. These guys would not have swung as hard as they have if they hadn't done substantial channel checks etc on DSE products, clients and potential clients etc.
I know this stock is a little frustrating as it hasn't been on fire unlike the rest of the market. But I can't see any red flags against the performance of the company and its growth at this time. So yes a little boring and frustrating, but I believe that there are plenty of good things to come out of this stock into the future
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Last
$2.77 |
Change
0.000(0.00%) |
Mkt cap ! $193.5M | |||
| Open | High | Low | Value | Volume |
| $2.74 | $2.78 | $2.62 | $52.50K | 19.04K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $2.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.78 | 708 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| DSE (ASX) Chart |