Have held since c$1.50 average also. Keep thinking is looking toppy but then run EV/Sales and realise still on a really low multiple despite being predominantly a SaaS business and not capitalising any R&D (2.4x FY24 on new guidance which is likely conservative given Gary's track record of underpromising and overdelivering).
Guidance for FY24 implies c16% underlying revenue growth which seems very attractive for a EV/Sales of sub 3x.
Ann: Half-Year Results Investor Briefing, page-4
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