the nice problem they have is that as a SAAS company they don’t need a great deal of additional capital to grow - the R&D is mainly a known people cost and additional contract wins generate additional professional fees (income) in implementation and more revenue with very modest capex.
refer to the various announcements made regarding the favourable margins generated
also don’t really need capital for acquisitions since they are the market leader - who would they buy?
the nice problem they have is that as a SAAS company they don’t...
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Last
$149.02 |
Change
8.020(5.69%) |
Mkt cap ! $15.56B | |||
| Open | High | Low | Value | Volume |
| $142.57 | $149.02 | $140.91 | $63.48M | 431.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 231 | $148.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $149.22 | 10 | 1 |
View Market Depth
| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| PME (ASX) Chart |