Yes and no
There are many companies listed on the ASX who are doing far more revenue than dropsuite could even dream of yet they just dont go anywhere. The reason i believe this to be, is because they are boring companies. Its not exciting enough. There are no "wow" announcements.
Unlike players like BRN, PSY, RYG etc.. where they are potentially break through technologies. Not even making any money. But the future technology is exciting.
Website and Email backups have been around for years, its nothing new. Im backing up my email right now at the click of the button, i could not be more bored. I just want it to hurry up and finish
Everyone likes revenue generating companies, people like companies that turn a profit alot more.
I was actually expecting there paying userbase to be alot higher than what they have stated in the investor presso. I think it will be some years before they start turning a profit, and many more years after that to pay a dividend, if they even get that far.
Yes and no There are many companies listed on the ASX who are...
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