Can't understand selling at 10c. FY20 wins at $1.87m, and that's only halfway through the year. Most contracts ramp up in Jan/Feb when everyone returns back to work. Is going to be a huge 3Q20 for 8CO.
You're buying a cheap cash flow positive company with huge and sticky contracts with the Government (and knowing how slowly Government work, it will take 5-10years for them to change to a new software - mitigating any key contract risks)
Huge room for growth and a lot to like going forward from a strong and switched on management team.
Would pick up more if I wasn't about to put a deposit down on a place :/
GLTAH - DYOR
8CO Price at posting:
9.7¢ Sentiment: Buy Disclosure: Held
