I agree. Even $0.56 sounds like a low ball assessment at only 1.4 times revenue. I think it reflects the fact that IT shares that are currently cashflow negative are really out of favour. This is compounded by the fact that Whispir has not met its cashflow targets and the high inflation environment.
However, I believe these are all reversible factors. Whispir now has a clear plan and is close.to break even. I hope to be a medium term holder as the reversible factors disappear and SaaS companies are valued around 5 x revenue.
WSP Price at posting:
54.5¢ Sentiment: Hold Disclosure: Held
