Hi Thunderhead,
Just wondering what your investment thesis is? I am finding the business is tantalising, but modeling difficult. For example, the 2017 annual report states: "carry-forward tax losses and credits available in various jurisdictions to offset future taxable profits" In the subsequent half (Dec17) the company declared a tax expense of 27% of PBT, without any commentary.
General trends are positive but lumpy. I listened to an analyst this week state that the business has recently changed form a contract style to a subscription style model which should remove theses swings but I haven't read anything from the company that confirms this. Any thoughts?
Hi Thunderhead, Just wondering what your investment thesis is? I...
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48.0¢ |
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Mkt cap ! $36.58M | |||
| Open | High | Low | Value | Volume |
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