I know its bad at the moment, hey its a crisis, BUT
How can this mob have a MC of 8ML?
I know we say we have 7 years recurring revenue, which we have be told that we really dont by some on here, but this thing is now 1/5th of it price when they consolidated, and has tripled the amount of SME's that they had.
Agree nobody is in them due to covid, Ie not many chinese in surfers at the moment.
Still think we may get a positive shock in the 4C. They announced in last 4C that income will come in 2nd half from conversions in December quarter as they were delayed. I am probably wrong, have been alot, but still reckon we are way under valued with the income we have. Agree expenses rose too quickly, chasing growth but this income should be coming in the highest usage quarter. Covid will probably mean more usage, not less.
I am probably talking to myself as everyone has left but seriously, a company with run rate probably $60ml revenue, and increasing with MC of $8M - Pleazzze
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