As a company focused on enabling smart sports data collection and analysis and with roots across 3000 teams in dozens of the countries, CAT is on the cusp of a great scale up. It is a matter of time before a strategic buyer takes a stake here. I expect a cross listing in the US as that will become the main market for CAT.
if this were listed in the US, it would already be trading at 1bn market cap. These levels are cheap and won't last long. All the ingredients are now in place for sports wearables market to grow exponentially. CAT has already penetrated 20% of the global 15000 sports teams. And even there Vector is just 15% of the current revenue generating clients.. so lots of room to grow both existing clients as well as a new ones for both existing products and new ones.
This is the Netflix of sports tech!!
As a company focused on enabling smart sports data collection...
Add CAT (ASX) to my watchlist
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Last
$1.49 |
Change
0.090(6.43%) |
Mkt cap ! $389.0M | |||
| Open | High | Low | Value | Volume |
| $1.39 | $1.49 | $1.35 | $412.4K | 289.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2158 | $1.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.49 | 4394 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.45 |
Change
0.090 ( 3.19 %) |
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| Open | High | Low | Volume | ||
| $1.37 | $1.46 | $1.37 | 47526 | ||
| Last updated 15.52pm 03/05/2024 ? | |||||
| CAT (ASX) Chart |