AYG axxis technology group ltd

re-rating due

  1. 3,148 Posts.
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    Recent 4C was interesting. Second quarter in a row of positive cashflow.

    It's been a pretty hard ride for a few years, but looking at the current approach to the business I would suggest they may have turned a corner. The cloud based stuff is good and the Tas government deal should add to bottom line growth in the annual.

    Trading in a very tight range, but it shouldn't take much to shift this to 0.006-0.008 following the annual. Worst case, there is limited down side risk.
 
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