I disagree.
Investors invest into growth companies knowingly they utilise their profit for growth, they don’t utilise this for a dividend.
Payment companies need to grow in order to increase their customer base for revenue and profit, also investing in the appropriate team to drive the business to the next level.
As we’ve seen, the model is correct, the team assembled are the elite in the Fintech space & the product is a clear winner (Reckon’s institutional investors wouldn’t have approved this otherwise).
Over the next 12 months we’re going to see alot of reward for the effort Novatti have continued to apply.
I want growth and sustainability- both of these are happening. If investors are any profit buy a blue chip, otherwise invest for the future.
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