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
3.0¢ |
Change
-0.002(6.25%) |
Mkt cap ! $6.723M |
Open | High | Low | Value | Volume |
3.3¢ | 3.3¢ | 3.0¢ | $3.216K | 100K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.6¢ | 22675 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.033 |
2 | 76039 | 0.030 |
1 | 15000 | 0.029 |
1 | 2200 | 0.028 |
1 | 30000 | 0.027 |
Price($) | Vol. | No. |
---|---|---|
0.036 | 22675 | 1 |
0.037 | 19999 | 1 |
0.040 | 23500 | 1 |
0.045 | 47730 | 1 |
0.067 | 65789 | 1 |
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Dusko Ljubojevic, MD
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