I think the ASX market has yet to figure out that the CEO Charif is ultra conservative when it comes to giving projections and only says what he's sure the team can achieve. Good on the one hand in that there's much less likelihood of speculative plays on the company to pump its stock price, because speculators generally like CEOs who inflate their stories and help them convince bag holders. Not so good because the stock tends to get neglected by an investor community looking for shiny objects and lurching from one pump-and-dump cycle to the next..
On balance I'm grateful that this company has the ethos to accretively build value by stacking deals and revenue instead of feeding the speculation game. It's the mark of a good team and wise management. How nice if more companies did that too.
DSE Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
