Technical Analysis (TA) Thread: 10c target (c.$85m MC), page-44

AMAZING volume going through.



Even at 10c, CXZ would only be on a PE of 26. The market will pay significantly more than 26x PE for this company:

• Earnings growing at 587% YoY
• Revenue growing at 130% YoY
• Blue chip client in General Motors
• Rising ARPS
• >80% recurring revenue
• No debt
• Huge competitive moat (high barriers to entry)
• Operates in a massive industry (internet of things - IoT)
• Very high gross margins
• Very bullish FY21 outlook

Stale legacy holders have given investors an amazing change to enter here before the re-rate really kicks in across the coming days as sell side supply is exhausted. Wouldn't be surprised at all to see 5c by the end of the week and 10c by the end of Sept.

Any news, announcements or new deals and we are really off to the races.

T.E.P.