This has been a bit of frustrating hold for me. This is my biggest loss currently that I am still holding because I bought quite a bit on Market after IPO.
Pros - Great Tech - Good team - No sell down in IPO raise - Has decent amount of cash from raise
Cons - sales growth is sluggish - they have been able to convert tech into sales - due to covid NDIS sales haven't eventuated
Positive catalysts going forward - NDIS contracts - a major partnership - increase in sales in next 6 months due to increase in sale team - tie ups - bit far fetch but if it gets bought out due to technology that it holds and only 55m odd mcap
CBL Price at posting:
63.5¢ Sentiment: Buy Disclosure: Held
