DSE 1.46% $4.16 dropsuite limited

Ann: Dropsuite Exceeds Milestone Expectations, page-30

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  1. 3,952 Posts.
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    Yes I got in. Much higher than I’d i hadn’t properly researched, but I wanted to be sure that it all stacked up. I don’t think it will take long to be above 10. If you take a line through similar revenue models with net, dub, isx... it takes a long long time to build the revenue up but obviously is protected majorly to the downside once it’s built. These guys are ahead of all of the above in my view but market cap still below most of them... and on par with net who I think are two years behind dse. It’s a gift at these levels. By year’s end they will probably be on over $5m annualised revenue. With continued acceleration on sign ups likely it could get exponential next year and the profits will be excellent at those margins. I reckon it should be a bare minimum of $60m market cap now, which would be around 12c. By next year I can see 25c+ based on highly probable growth. If you factor in the less likely then it could be much higher again.
 
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Last
$4.16
Change
0.060(1.46%)
Mkt cap ! $239.5M
Open High Low Value Volume
$4.10 $4.20 $4.10 $21.61K 5.207K

Buyers (Bids)

No. Vol. Price($)
3 1971 $4.13
 

Sellers (Offers)

Price($) Vol. No.
$4.18 2099 2
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Last trade - 14.51pm 27/11/2024 (20 minute delay) ?
DSE (ASX) Chart
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