The last cap raising was a disaster on so many levels. I believe the weak hands are just about gone and stock is now in much stronger hands.
This stock has so many verticals that now have revenue traction. $6.5 to $7 US$mil for the year just finished. Practically nil the yeat before. The company are stating 60% growth for this year but I am expecting 100% plus.
Their is no other IOT stock on the ASX with its revenues, revenue growth profile and quality of management in a huge growth industry.
And its by far the cheapest on every metric.
Watch this space.
SE1 Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held