Barchart STRONG BUY, page-4

Yeah I wish I have a crystal ball but I reckon that to do justice to the IP it has and the business that it has established to date, it should already be at 37c (meaning 30% upside) to be on par with the likes of FZO on mcap basis. 37c gives an EV/Revenue of 4 which is more reasonable but still lag behind other tech peers. Thereafter, it would depend on positive news flow.

MD David Keane is a guru in the sales enablement field (check out my earlier post on his article) and due to his passion, as you know the sales enablement app is recognised as a world leading app in its field.

What's not to like?
a. $11m cash= no CR,
b. $13m Annual Revenue growing y-o-y 50%
c. 80% SaaS margin (Fixed overhead, new sales go to the bottom line)
d. Blue chip customers
e. Innovative Leading Software IP in its category
f. Established global partners (AT&T/ Salesforce/ Optus etc)
g. Tightly held by owners/directors 42% - a lot of skin in the game

DYOR and GLTAH