I am still hoping that the revenue for the March quarter will have a significant increase and when interpreted with the last announcement it will rerate Av1.The management did state the conversion of freemium to paying customers is above their expectations and is running at 15% compared with industry average of 2.5%. As the world gets back to some sort of normalcy and revenues start increasing and thereby discretionary costs such as advertising is embarked upon on hopes our anti virus software proves it’s worth in saving costs... Maybe 6 months away but a nice upward trajectory in revenues would be very positive for the SP.
AV1 Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held
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