The more I read about this stock, the more I think the risk to reward play is attractive.
Given the relationship between Faria & SCL (particularly the notion that Faria benefit from an uplift in SCL business performance), I think a case for a possible investment is reasonable.
If SCL can sign up a reasonable number of schools onto the Verify & Advantage platforms from July, 2021 then it seems within possibility that SCL can begin to attack the addressable market dominated by Search Associates.
Given the current market cap of ~17m, any success from the Faria agreement will result in a fairly attractive reward for shareholders.
However; In the little time I have researched the stock it seems like the stars will need to align pretty squarely for everything to go 'smoothly'.
In linking back to my opening line, a high risk investment doesn't necessary equal an unattractive investment and thus I am keeping on eye on SCL.
The more I read about this stock, the more I think the risk to...
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Last
46.0¢ |
Change
0.005(1.10%) |
Mkt cap ! $16.53M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 46.0¢ | 46.0¢ | $28.28K | 61.48K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 337694 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.0¢ | 50030 | 2 |
View Market Depth
| Last trade - 11.23am 12/07/2024 (20 minute delay) ? |
| SCL (ASX) Chart |