Would hardly call 1.5m burning through it! With 7.3m in the bank that easily sees us through the year and that's without anymore material increases in revenue.. But I look forward to a CR if it means the opportunity to get discounted shares. Who can't be happy with the performance since its IPO less than a year ago
IMO I think it is a terrific quarterly given at where we are at early in the business. Given it's the 3rd listed quarterly and we've seen TCC growth of 32% vs 31% last quarter, and revenue growth of 75%
After reading through it in detail, there is a lot of TCC growth that is likely to come within existing clients that have not fully rolled it out to 100% of their staff. From the December update as I've discussed here #21904568 that rollout is worth $30K annually. And when you begin to see that Japara and Telstra Health are rolling their Talent Communities out this Q, then you begin to see that this will underpin growth.
So then it becomes done to valuation. At around 75m Market Cap it is not cheap, however, this is a business that could well be cash flow positive in 2018. I am of course, hypothesizing, but there will be an inflection point, where the growth will be exponential, and I don't want to miss out on that. These points sparked my interest...
Now there is mention of an ASX 25 company, and there are links here to Westpac's Reinventure fund, and if you go to Sonru's website (https://www.sonru.com/) you can see their client list includes Westpac. So I guess I am curious to see if I've joined the dots correctly!!
So in conclusion, great progress being made here, yes we aren't cheap, but there is exciting potential here, and I think we should be trading closer to 50c, which puts us on a Market Cap of $100m. We've seen RFN and 1PG in particular go much higher with much less revenue... So going back to your 1st point. I will take another CR if we can keep the land grab going!!
- Forums
- ASX - By Stock
- Ann: Quarterly Update and Appendix 4C
Would hardly call 1.5m burning through it! With 7.3m in the bank...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LVH (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.18M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 28055818 | 4.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.5¢ | 75471 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 12087376 | 0.046 |
2 | 276142037 | 0.045 |
1 | 300000 | 0.043 |
1 | 12380 | 0.042 |
1 | 20000 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.047 | 660400 | 5 |
0.048 | 911451 | 4 |
0.049 | 4166 | 1 |
0.050 | 189807 | 4 |
0.058 | 417143 | 1 |
Last trade - 07.01am 27/11/2024 (20 minute delay) ? |
LVH (ASX) Chart |
Day chart unavailable