Given the distraction of an ASX listing and establishing an interstate office in Melbourne, any growth is a fantastic achievement. This is under the radar but I expect this to be a company that continues to grow quarter on quarter for many years to come. A steal at a market cap of $13M compared to other small cap tech stocks listed on the ASX. It's virtually unknown on the East Coast in broking terms. These opportunities don't come up very often but when they do it's a good idea to buy and hold. I suspect a lot of the people who have exited the register since IPO may not have fully understood the upside potential here and/or decided to go and play spec games with resource stocks which are hot or just took the IPO stock for a quick stag of 100+% in week 1.
The attention span of the average equities punter these days is roughly 24 hours...... at best. A strong BUY in my opinion but I've been wrong before.
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