ML - thanks for that. I am somewhat hopeful too on the full year result beating guidance, but I agree the real story is medium to long-term. They seem to have a great product in Sonata and the more I look at it the more it seems the demand for Sonata is real and growing. The cost of "dinosaur" legacy systems will only get bigger and bigger and the regulatory risk of having such systems is growing, particularly in the UK. With the critical mass Bravura has built in sales of Sonata I am hopeful this can facilitate them gaining even more customers and at a faster rate. Also, once Sonata has a foothold in a client organisation it seems to have a good chance of being used there for even more applications. On top of that it is a high value product and Bravura is an industry pioneer. It has all the ingredients to be a winner. Execution is key.
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ML - thanks for that. I am somewhat hopeful too on the full year...
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