They’ve shovelled a heap into development of sales channels/staff and once off staff costs in the prior 6mths.
As a holder I’m more than happy with both expenditures - one is crucial to make money, the other I believe was vertical to allow the company to move forward (ex staff payouts).
You just need to look back at what this was valued at when it was IPO’ed a couple years back (up around 40)…..major business development (value creation) since then and now we’re at 12.5.
Plenty of room above here…..only a matter of time.
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