Is the market taking into account the offset effect of the AMP migration from Class?
Class quarterlies are always very clear and easy to understand but on this occasion they could have elaborated on the AMP effect for us.
Once AMP are out, the low overheads of Class (being a software company) , and market saturation is reached i.e. few potential customers to chase and sales / promotion expenses very low and virtually maintenance only expenses I look forward to the time when the growth phase is behind us and bottom line profits come our way via franked dividends. We should have a nice simple little earner.
CL1 Price at posting:
$2.29 Sentiment: Hold Disclosure: Held