Wrcurious3, I think this stock is simply flying under the radar,...

Wrcurious3, I think this stock is simply flying under the radar, and at the moment not on too many people's watchlist. I think the only rational for the price weakness is some holders wanting to offload their stock in very low volumes.

The business itself though appears to be growing rapidly. I think your forecast of $8m+ revenue for FY20 (up from $4.8m in FY19) will be about right. Users have grown from 54k (in Nov 18) to 96k (in Nov 19), which should be a good proxy for Revenue growth. On top of this, the best user growth has been in the higher margin areas of Direct Sales and Vet in Schools.

I understand they are now No. 1 in this niche industry and have plenty of scope for continued strong growth (including cross sell) over the next few years.

This will be one for the patient, but hopefully should reward shareholders soon. The Q3 and Q4 4C's will definitely be ones to watch out for.