SOV 1.75% 2.8¢ sovereign cloud holdings limited

Just started researching this one. Can’t work out the valuation,...

  1. 245 Posts.
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    Just started researching this one. Can’t work out the valuation, or more importantly how they justified the listing price. I understand they are in the cloud protected industry, but I have heard that the Oz govt. will open these levels of certification to companies like Oracle and Microsoft if the data is housed in a secure Oz data centre...so very competitive?
    Also googled the chair....her last listing Flamingo AI didn’t turn out so well...
    Any research welcome.
 
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