Firstly: Not advice, I own RDY
- Directors are buying, several of them and in size. They already own around 10% of the company. They don't usually buy shares in size and en masse.
- High quality revenue - 89% recurring at 1H21, they have a sticky product it's hard to change
- This is huge "Increased customer lifetime value to $81.4k from $64.1k in FY20."
- "Annualised revenue per new customers has grown +49% to $42.5k, with many customers above $100k p.a"
Possible upside that doesn't appear priced in at current levels:
- The actual acquisition... I don't think this looks to be priced in per Commsec numbers (PE ratios etc) given lack of analyst coverage at $200m market cap
- Cross selling
- Selling their product offshore
Why I like RDY
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 (20min delay)
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Last
$3.33 |
Change
-0.030(0.89%) |
Mkt cap ! $396.0M | |||
| Open | High | Low | Value | Volume |
| $3.36 | $3.36 | $3.33 | $90.74K | 27.03K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 2073 | $3.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.39 | 23000 | 2 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
$3.34 |
Change
-0.030 ( 1.18 %) |
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| Open | High | Low | Volume | ||
| $3.36 | $3.36 | $3.34 | 1269 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
| RDY (ASX) Chart |