CR9 0.00% 1.2¢ corella resources ltd

Think they are doing well with new customers signed such as the...

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    Think they are doing well with new customers signed such as the The Coffee Club and also the recent win of the Sydney Cricket Ground tender. Large customers such as Mad Mex resigning and having other large customers on their books such as KFC and Red Rooster provides confidence in the MobileDen product and that's only one of 3 arms of their business. Pretty good to have a 20 year business backing the MobileDen fintech start up. Potential capital raise on the cards in the future? Maybe but who gives a shit if the business is growing. That's what the stock market is there for. With the company's reputation in both the government and private sectors and the digital transformation of consumers from desktop to mobile browsing/shopping/ordering, I think they should do well. $16.6m of revenue in FY17 with a growth of 28% on FY16 and market cap of $10.5m, GGL seems well priced at these levels. If market sentiment changes and starts following companies like these, we may see a good re-rating. Articles like this should help the cause https://*********.com.au/5-asx-listed-companies-exploring-key-digital-marketing-trends-2018/ (under mobile content)
 
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