Applying the compounding ROE "Warren Buffett" style formula to valuation is fine (and this stock is a buy on the many last years ROE) when there is predictable stable recurring revenue....until suddenly the market dynamics of your business changes and revenue is no longer "recurring"?
And management didn't see this known unknown so called (aleged) "black swan" on the horizon?
Give me a break!
That's their job! To manage (properly) this sort of transition...
Software has been going to a subscription model for like centuries
Like Yesterday Dudes!
IMO! NA.
Applying the compounding ROE "Warren Buffett" style formula to...
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Last
60.0¢ |
Change
-0.025(4.00%) |
Mkt cap ! $104.7M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 63.0¢ | 60.0¢ | $605.3K | 988.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 27000 | 59.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.0¢ | 5927 | 3 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| IRI (ASX) Chart |