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06/10/16
11:35
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Originally posted by badlores
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"At least the cash backing provide security." - True. Until they spend it all.
"its technology and therefore we have a new version product. And those technology is bringing in revenue." - Vague. Not useful without specifics.
"$MM book build quite sometime and eventually it will be converted to revenue." - And do we have a range estimate of what that revenue could be next year based on reasonable growth and current book? A million book is a disaster for a company worth $34m.
"100% we will get a re-rate and share price will rocket to moon." - if that's not up ramping i don't know what is. Everyone put your lifesaving in this stock since the SP will multiply. What could go wrong?
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Can you please find one tech player in the asx that have revenues already and traded at below cash backing?