After being on my watch list for several years decided to get a few today.
Just my luck that a cross trade went through at 10c late today but believe FAC is at the dawn of a massive growth cycle.
FAC have software for digital media agencies with contracts for many of the top world media players.
Half year result was strong although last quarterly was slightly cash flow negative but suspect this may be a timing issue.
Recurring revenues is big plus and while probably not the cheapest company around believe the growth potential is large and must be a target.
Latest investor presentation gives a good snap shot.
Seem to be attracted to these obscure company's but this has worked well for me in the past before the wider market catches on.
Any thoughts on this one?
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Add FAC (ASX) to my watchlist
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