K2F 0.00% 18.8¢ k2fly limited

Ann: Operational Update - Record invoices, SaaS ARR & TCV growth, page-8

  1. 526 Posts.
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    Exactly right this information is basically a summary with actual numbers of what has been provided to over the last few months. The share has ticked up from around 15c late Oct after the NEXA signing to 27c+ today so, one would say the news is basically baked in. What todays news release does is help the share consolidate around this point as those who want to get out with profits do so and those taking positions or topping up do so at what I think is very good value. At a market cap of only 21m it will not be on the radar of many major investors nor in the investing profile of those with very deep pockets. However, it is continuing to grow and if they keep signing up new contracts monthly then the share price will take care of itself. Once it starts to get to around the 50m valuation zone then the microcap fund investors may start to sniff around and take an interest.
 
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