After reading the prospectus, it seems as thought Mitula shares a lot of the same characteristics of the great 'list stocks' of Australia.
By these I mean seek, realestate.com and carsales.com. But in terms of the timeline, it seems like it is (in terms of share price) where those stocks were in 2007-2012, before the market understood them fully.
The fundamentals of the stock are compelling: international, scalable, operating across the most searched 'list' verticals (housing, jobs, cars) and most importantly: profitable.
Interested to hear what others think
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