Originally Posted by
Mel
PLX have a solid product/solution offering, and a concern with PLX is the extent to which their product is easily scalable, given the level of customisation necessary at an individual customer level (and therefore investment of labour at an individual customer level to sell, design and deploy) - vs Xero/Pushpay as counter-examples who have a SaaS product offering that just scales more easily and investment in the product occurs moreso at a generic product level. Hence, I have my reservations on the PLX SP having a large multiple applied to it - but again, I could be completely incorrect and eating humble pie in future!
Discl: tracking the stock and had some strong interest in acquiring @ ~$1 but did not purchase (unfortunately) and do not hold any currently.