A competitor acquisition would have been a much better fit. You score new staff and revenue streams at the same time. They turned a profit for the 1st half of the year.... I’m optimistic they will do the same in the 2nd half. Wait and see I guess.
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The sp keep dropping to 0.75 today
Sweet, may top up a little
Good article linked from Plexure's Twitter:
https://www.nanalyze.com/2019/11/mcd...nce-fast-food/
With Google dropping the announcement last week that they are removing third party data tracking from Chrome, more and more companies are going to have to go down the app road. First party data is only as good as the assets companies own. Plexture is perfectly positioned for this....
Any news today?
It did this same movement a couple of weeks ago and then dropped right back down
Maybe just volatility added by the index
PLX does tend to move around quite a bit on fairly low volume (although volume today does seem a little higher than normal). If the SP got above 85 I might think there was something going on, but it hasn't been outside a fairly tight range from maybe 73 to 85 in months.
Finally PLX coming out with sales forecast that meets market Expectations that they are a real growth company
http://nzx-prod-s7fsd7f98s.s3-websit...109/316374.pdf