Yep that's fair enough, and a balanced debate and disagreement is better than everyone boasting the SP up, but I personally see this as an important step in the company transitioning out of the covid induced slow down and ensuring they keep the market informed. I'm also biased because I wrote to the company asking for more detail!
I do agree that on recent historic performance 12-18mnths the growth isn't amazing. However IMO if you took out covid impact it would be amazing, the Cardhero announcement alone represents a subscription revenue growth of 19%, and that's only 15% of LWoB - so quite literally the growth runway exists... I don't think we will see another Cardhero contract win in the next 6mnths, as others will want to be first follower after a successful rollout... But I do expect further contract wins after the end of the FY.
I see weight behind the 8CO strategy as it does not require significant additional capital and has significant operational leverage, much like PPH, neither get the limelight. However I am much more comfortable with my investment actually seeing a sustainable return - compared to other growth stocks in the industry with the hand out doing CR's every 9 months to fund said growth.
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Yep that's fair enough, and a balanced debate and disagreement...
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Last
3.8¢ |
Change
-0.004(9.52%) |
Mkt cap ! $8.515M |
Open | High | Low | Value | Volume |
4.0¢ | 4.0¢ | 3.8¢ | $12 | 300 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 24500 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.6¢ | 93 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 24500 | 0.035 |
1 | 30000 | 0.033 |
2 | 259033 | 0.031 |
3 | 46738 | 0.030 |
1 | 10500 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.036 | 93 | 1 |
0.040 | 5499 | 1 |
0.041 | 20000 | 1 |
0.042 | 36576 | 1 |
0.043 | 19607 | 1 |
Last trade - 13.33pm 02/10/2024 (20 minute delay) ? |
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