I think there may be a bit of uncertainty / lack of understanding in the market as they transition to full Saas and also invest more for growth. Simplistically what i see is a well funded company, a leader in a high growth market with an enterprise value of ~$330m and approx revenue rate of AUD$100m pa. If they can keep growing circa 30%pa then the dual effect of higher revenues & expanding rev multiple would see the SP lift to multiples of what it is now. I have no doubt it will take off - just may need to be patient in the meantime
I think there may be a bit of uncertainty / lack of...
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Last
$1.76 |
Change
0.000(0.00%) |
Mkt cap ! $459.5M | |||
| Open | High | Low | Value | Volume |
| $1.76 | $1.79 | $1.73 | $1.053M | 599.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1521 | $1.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.77 | 1521 | 1 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
$1.76 |
Change
0.000 ( 0.81 %) |
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| Open | High | Low | Volume | ||
| $1.73 | $1.78 | $1.73 | 30124 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| CAT (ASX) Chart |