Been here since IPO and a firm believer.
so they raised a total of ~$5.9M in the IPO. Based off that, it would infur that only ~$1M actually went to providing working capital to the business as per IPO presentation. Basically F all.
with that, bought a Brisbane practice, organic expansion into Sunshine Coast, North Melbourne, Canberra, Adelaide, Perth. Can anyone find me a SAAS business that can expand so much with such little capital?
Those old enough to remember the good days of Slater & Gordon, strap on your seat belts. We don't have the contingent WIP, no debt, not spending big $ to grow inorganically, issued # of shares not blowing out. Could easily be the good bit of SGH but on steroids!
Stock has run a bit too hard short term, so needs a pullback but the share register is so tight you can't assume that will happen!
capital LIGHT
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Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.32M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7413 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 73234 | 1 |
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| Last trade - 16.12pm 11/07/2024 (20 minute delay) ? |
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