RZI still with a market cap of $60m (@ 59c) is still very under...

RZI still with a market cap of $60m (@ 59c) is still very under priced IMO. It has a bulletproof balance sheet, strategic investors on the register and is coming into cash profitability. Plus the business model, with all sticky customer base and automatic recurring investment, should have revenues growing at 7-10% per year compounding over the cycle, which is before any fee increases. All this with very high gross margins, so massive operating leverage.

With the AUD/USD where it is wouldnt be surprised to see a North American buyer take a bite in the near term. I wouldnt think they'd get a board recommendation for anything less than $100m mkt cap ($1/sh) - peanuts for a North American suitor - only a c65% premium to current share price. Is not unusual to see 90-100%+ premiums in microcap land - ie Selfwealth's recent 90% bid from an overseas buyer (once Bell Direct's bid came out).

Am sure there recent share price is being driven by some momentum buyers, but the market is waking up to the intrinsic and strategic value of this business. This could easily reach 75c by the end of January, if not sooner.