There are some very good bits in all of this @bob52 This is one from Leigh Jasper from part 3:
“There is no reason why we can’t grow at 20%-plus for a very long time given the scale of the market. And I reckon we are still only less than 1% of the impact we could have on the global construction market.
With all the providers globally, the market is still less than 10% penetrated, and I reckon we are picking up less than 10% of the total processes we could manage over time.
As the industry digitises more and more, every process will become digital over time – well, it will have digital as well as physical components.
So there is still more impact we could have on the industry, and that’s what gives us confidence we can grow for a very long time.”
------------------------------------------------------------------------------------------------------------- This post is based on my own research and is not investment advice. When making investment decisions, always DYOR.
ACX Price at posting:
$4.40 Sentiment: Buy Disclosure: Held
