AR1 0.00% 16.0¢ austral resources australia ltd

1. 20 cents;2. Raising less amount upto max 11 mil. Register...

  1. 469 Posts.
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    1. 20 cents;
    2. Raising less amount upto max 11 mil. Register should be tight and demand high;
    3. Market Cap of 25-29 mil post IPO;
    4. Revenues: 5 mil. Grew at 56% in FY2019 from FY2018. Amazing growth in the last 2 financial years for post-IPO Market Cap of 25-29 mil;
    5. Turned into profit in 2019. Should increase if the revenues continue to increase in FY2020;
    6. Valued at only 5-6 time on FY2019 (past year) revenues (Not future). Most of the recent IPOs were valued at forward predicted earnings (Risk of missing the target);
    7. Good number of clients already;
    8. Being software related, margins must be high as the produt is already built. Only maintenance cost is required;
    9. Subscription based revenues generation. They will continue to get every year provided their retention rate of the clients is high, which I believe should be.
 
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