Over the medium to long term the share price will increase to reflect the performance of the business.
Beam have a great story with significant opportunities for growth. The market likes SaaS businesses with monthly subscription based revenue. Once they launch in Europe they also have other large regions around the world to move into such as South America, Africa, Middle East. It would be good to hear about the plans for these regions.
Before the next capital raise the CEO needs to give a number of presentations to Investor groups to raise the company profile. It would be good also see an outlook for the next few years with some numbers. This would make it easier to understand the potential.
Hopefully there are no takeovers for Beam before they can achieve their full potential.
BCC Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held
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