All three of the above stocks have suffered declines in the last months as part of the overall decline or valuation resets of ASX listed tech stocks.
All three stocks probably represent a good buying opportunity currently.
Sensera has a market cap of $32 mil. Is already rolling out its commercial strategy with significant revenues this current FY and set to grow at significant rates in coming years in new and exciting growth markets.
For Sensera to be valued at the same as its listed peers above then we should be at 60 cents right now. But I would argue we should be trading higher given where we are at now in comparison and our huge growth profile going forward. Our only negative compared to our peers is that we need to raise cash at sometime in the next few months. So far our cash raisings have gone to the wrong investors and hence where we are. I am confident given our new MD and lessons from the past that the next raising will be to safer hands. More of a balance with longer term sophisticated investors than short term dumb funds.
This time next year we will be cashflow positive running at 60% margins with huge revenue momentum. We won't be trading at 20 cents. This is a big multibagger staring me in the face.
SE1 Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held
