@Joey6 great insights! Thank you for putting them forward. As a...

@Joey6 great insights! Thank you for putting them forward. As a holder I tend to agree with your view and these are definite risks. The three points that I really like as a holder for 3-5 years are:

- 90 RnD staff out of approx 200 employees. Demonstrates ability to scale and adapt for customer needs.
- Industrial tail winds for higher compliance/regulation requirements.
- Cost synergies out of Vault acquisition improving cash generation metrics.

The sales growth looks good, however in a world of higher compliance and protection requirements, Damstra seems to have a steady formula that can win in this space.

The telling sign will be the half year results. If they continue strong momentum and cut through "COVID delays", you currently have a bargain on your hands.

Time will tell.