Company Report
Last edited 4 years ago
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#Bull Case
stale
Last edited 4 years ago

Company seems to be delivering on its promises in a field that is increasing in its relevance and value for its customers. My valuation is around where the current price is (20c). I think you buy the management and its abilty to make sensible acquisitions over anything else here, as that seems to have been critical to their growth. My question is, how big is the T.A.M for this business? Is it just local or is there international scope? If there are international opportunities they're a small fish in a very large pond so what is their sustainable USP?