Breakthrough?, page-2

It's nice to see it hitting one year highs (or near enough), but it still feels like it's a bit below-the-radar for a big breakout.

Aside from further acquisition announcements, the big catalyst is turning profitable.

I originally bought in at low 50's over a year ago with a five year time horizon. The investment thesis was incredibly solid then and remains so - favourable industry dynamics, track record of founders, competitive advantage through its shareholders (Nine - advertising, Macquarie - pipeline / funding). When you see the likes of Macquarie investing at a healthy premium to the market price it's always a good sign.

It remains a long term play but very happy with the progress so far.