This company is off most peoples radar as its not considered " sexy" enough. To myself everything looks nicely placed and revenue is already showing growth . Just bought in because whilst reading the announcement and working out issued shares the price touched 13c , I will have to take up speed reading classes .
I don't have too many concerns about competitors at this stage most of their model will be protected by copyright laws so the disruptor will have to create a different platform.
Using and paying for software systems myself I always find it completely costly with down time, teething problems and annoying to change companies midship so BID have the upper hand at the moment and hold a window time to expand their customer base. Just hoping it reaches a realistic SP of 60c in the next 12 months
BID Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held