DSE 3.11% $4.36 dropsuite limited

DSE Takeover, page-11

  1. 2,061 Posts.
    lightbulb Created with Sketch. 504
    I have been looking at small cap tech stocks and pass on most of them but this one is seriously undervalued by the looks of things. IHR which is growing maybe a bit faster but at a quarter of the base in ARR is valued the same as this! Provided DSE can grow around the 50% mark for the next few years this is cheap as chips. Can a longer term holder tell me if I am missing something?
    Growing over 50% with net profit soon to be achieved is generally traded at at least 20 x ARR or sometimes 30 x ARR. Have taken a position this morning but tempted to go bigger!
 
watchlist Created with Sketch. Add DSE (ASX) to my watchlist
(20min delay)
Last
$4.36
Change
-0.140(3.11%)
Mkt cap ! $306.3M
Open High Low Value Volume
$4.55 $4.78 $4.25 $1.822M 397.3K

Buyers (Bids)

No. Vol. Price($)
1 120 $4.30
 

Sellers (Offers)

Price($) Vol. No.
$4.36 958 1
View Market Depth
Last trade - 16.10pm 13/11/2024 (20 minute delay) ?
DSE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.