Value in RAD

I see a lot of upset holders in this name but I've been stalking RAD for some time now primarily due to being invested in the market leader of this space - Telix (TLX). Although TLX is about 3 years ahead - the space that RAD and TLX are in is a huge space and there is plenty of room for multiple players.

RAD is of high interest to me as I didn't get into TLX until it had a market cap of around 750 million.

But here - we are sitting at a market cap of approx 100 million with a very similar set up to Telix with what seems to be a very capable management team. Most of my confidence comes from Riccardo Canevari - coming from a management position at a company valued at over 175 billion. Although there are a bunch of other key management personal that are equally impressive in RAD.

It even becomes more attractive when you see this management buying on market.

It should be pointed out that even the TLX IPO was sold down approx 45% before rallying around 1500% from its low to current state- see below:



All things considered - I do view RAD to be good value here (in my opinion) and am actively looking for a technical trigger before entering.

Hold strong all!