As per my last post on SPZ 68799371 being a microcap stock I just don't think anyone follows it...... it has been delivering ever since lockdowns finished.....is on track for very good growth in revenue and EBIT over the next several years...... expanding into new markets/territories that are Regulatory friendly (yes I know...for now...it could change, eg other Australian states(exQLD)are playing tough) Anyway although classified as a Tech company (?SaaS? probably) its more like a Utility comp (but without the monopoly)....it will continue to grow....likely hold off on any dividend for years.... but keep using free cash flow to
1.Buy further existing small-scale parking site businesses and integrate them into SPZ technology
2. Share buy-backs prob the most efficient way to increase SH value
3.Look to get big enough to get on the radar of either similar businesses looking for a large enough takeover to make a difference OR Private Equity buyout (incl involving current management)
With option 3 I would envisage this in FY26 after having achieved stated target of >1500 sites and most likely at SP>0.50
All IMVHOpinion and DYOR ...... been in this one far too long ..... but well ahead. Average buy price 0.19 (>0.5mil sh) GLTAH
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Last
61.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $213.0M |
Open | High | Low | Value | Volume |
59.5¢ | 61.0¢ | 57.0¢ | $77.00K | 129.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3764 | 61.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
61.5¢ | 16360 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 5287 | 0.570 |
1 | 30000 | 0.565 |
4 | 8828 | 0.560 |
1 | 4594 | 0.555 |
5 | 26504 | 0.550 |
Price($) | Vol. | No. |
---|---|---|
0.615 | 16360 | 1 |
0.630 | 48362 | 1 |
0.640 | 1000 | 1 |
0.650 | 59000 | 1 |
0.655 | 7532 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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