neoteric - agree wholly.
did some work on OCL recently and decided to get on board. i believe the price-to-operating cash flow of ~5x is extremely attractive, particularly given this is after their big R&D expense.
demand for their product will only grow, as State/Local Govt departments continue to "go digital".
agree it has been missed by analysts, the liquidity issue is probably a big factor in my opinion.
my only worry is the revenue model appears to be an annual license, rather than a subscription model. SaaS and subscription tend to go hand-in-hand, and the big boys are moving in that direction (Adobe, Oralce, Xero.....)
neoteric - agree wholly.did some work on OCL recently and...
Add OCL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$17.52 |
Change
0.200(1.15%) |
Mkt cap ! $1.408B | |||
| Open | High | Low | Value | Volume |
| $17.38 | $17.70 | $17.38 | $1.311M | 74.89K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 124 | $17.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.66 | 737 | 1 |
View Market Depth
| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
| OCL (ASX) Chart |
