Great post 9L. The market is a strange beast and it's like the market wants to challenge companies with revenue streams already established ... And almost punish their market cap in a way.
The market gives more clout to a company that hasn't earned a dollar simply because it appears to be a blue sky position.
Based on 1pg we should be trading at many multiples of the current price and I have no doubt we will be.
It will just take a few decent signings and off and running to the races.
Unfortunately it won't be as easy as it has been for our SaaS peers because mr market is well aware of how little in terms of revenue our friends have delivered.
We must just trust in Russell and the team, which I certainly do because at this end of the market it all comes down to the calibre of management. Our management team really doesn't get any better, nor does the disruptive nature of the product.
Looking forward to another interesting week in the velpic growth story.
VPC Price at posting:
5.7¢ Sentiment: Buy Disclosure: Held
