have done a bit more research and think this has some decent potential. Having a high margin software product that is globally scalable gives a very very large addressable market. This is what the market will value it on based on my experience. I also look at the revenue hurdles for the performance shares which show me they are expecting big things and soon.
will look to pick up some on listing, the market for technology IPOs looks very strong based on Z2U which has just listed.
IPO - Activeport Group Ltd - 27 September 2021 11:30AM AEST ##, page-19
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