By and large on the same page here. Your additional insights all valid and appreciated. Interestingly, you pick a number of 15% of Revenue. I have been heavily invested in tech stocks since 2016. Many of these started with a disproportionately high spend on product development. When I run my forecasts for 5 years, I generally factor in that software development costs will gradually reduce and settle at 15 % of Revenue. Found the number to be quite reliable for many of these Companies.
We should glean quite a bit out of the half year results. Last year, they reported on the 25th.
Until then.
Rokewa
RUL Price at posting:
$1.21 Sentiment: Buy Disclosure: Held
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