Is there a more neglected tech company on the ASX than JAY? Nine consecutive quarters of exponential revenue growth and less than 500 visitors a month to the JAY thread here on HC.
What is there to not like about JAY?
- a massive market with a strong network effect and a clear and understandable growth path from management.
- B2C market so games can't be played with the contacts/MOU's; the cash positions tells the story.
- enough cash in the bank that a CR is not imminent.
- potential for consolidation/takeover from a large offshore player.
When I look at the other ASX tech darlings with nothing but hot air and declining sales with more investor interest I wonder what is wrong with the market. Do all Australian tech companies have to follow the DSW/BIG path or can they build a growth story without hype?
JAY Price at posting:
37.5¢ Sentiment: Buy Disclosure: Held
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