capital LIGHT

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!