M7T 1.85% 53.0¢ mach7 technologies limited

Ann: Mach7 Announces FY21 Results, page-35

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  1. 3,447 Posts.
    lightbulb Created with Sketch. 940
    My cost base was ~20c … sold out the CR shares so probably more like 10c net … but I’ve recently added a further 50% in tranches at 93, 98 and 99c. Glad to see Clime et al were adding at these prices too.

    I think we’re just waiting on a reasonable contract win to get back to $1.50. A big one and $2+ likely IMO.

    M7T is a well run company with the tech founder sitting still there with 5% of the business and very active involvement … @thunderhead personally I think he was smart and humble to give control to others to manage people and sales (whilst he continued to concentrate on the tech). The CEO has about 1M shares + options so a reasonable incentive to perform.

 
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