I didn’t believe your $156 million so I looked it up....jeez it is to, wow
Next we know it will be half a billion
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Damn almost wish I was part of the pump bit lol surely someone made a solid profit on here from it haha
The only real exit I can see here is a Xero takeover. Adding an arm to their accounting machine and creating an all in one solution for sme’s.
It seems like they are currently picking up crumbs of customers who can’t afford/want to install a tried and tested solution.
The market can stay irrational longer than it can stay solvent, but can they stay solvent long enough to get bought out?
Could be worth a punt.
Yeah, that's the angle I'm looking at, that it may add an arm to the Xero product that they might not have? But if as you say the have a good payroll system already then it'll be a tough gig challenging that for sure. I Wonder why then Xero did a joint initiative with them? Friends close and enemies closer?
I haven't got a position here and can't at the moment seem to justify it. Some crazy price swings in there lately.
Nearly everything doubled last year
No wonder share price is on fire
http://nzx-prod-s7fsd7f98s.s3-websit...079/315216.pdf