Is one the reflects the hard truths about Cyber Bullying. The E-Safety commissioner in the story states that everyone needs to take responbility. Schools & Parents. Now FZO have 150 partner schools and growing, globally. If a school can protect themselves by preventing social media access when at school, it’s a step in the right direction.
So I feel, FZO are in a space where they SOLVE a problem, which is IDENTIFIED clearly in society. Finding a tech company that does this and also is growing revenue is sometimes a challenging. When one does come along everyone can’t wait to hit them down. Maybe it could be bullying, seeing a company succeed and trying to pick faults out of little things and take them down.
Step back and smell the roses investors. It is a growing company in a space you can see their is a growing problem. Yes their cash may not be as high as you would like, but they certainly have enough going for them to really move them in the right direction and push through any head winds. I think they have at least 2qtrs on cash with receivables and R&D to come.
If the market was in such a sceptical mind set this would be a lot higher, instead people are cautious. The problem is only getting bigger...don’t be cautious for long Mr Market
FZO Price at posting:
47.0¢ Sentiment: Buy Disclosure: Held
