Usual pace of the share price increases on most companies tend to die down once quarterlies and Agm is over and also after discounted capital raising, but seeing the price has continued its upward trajectory we are seeing strong market confidence, very much reminiscence of Xero. Institutions are now going to be looking at Pushpay's direction given its a opportunity for higher returns and given they will likely be included in future indexes they will take the opportunity to load up. All this buying will give a re-rate of the stock, in all value metrics for SaaS valuations Pushpay are clearly undervalued.
Usual pace of the share price increases on most companies tend to die down once quarterlies and Agm is over and also after discounted capital raising, but seeing the price has continued its upward trajectory we are seeing strong market confidence, very much reminiscence of Xero. Institutions are now going to be looking at Pushpay's direction given its a opportunity for higher returns and given they will likely be included in future indexes they will take the opportunity to load up. All this buying will give a re-rate of the stock, in all value metrics for SaaS valuations Pushpay are clearly undervalued.
Yes i anticipated a slow down today, but the momentum has continued, so i think i agree with your assessment. Currently testing $2 at time of writing.
Yes i anticipated a slow down today, but the momentum has continued, so i think i agree with your assessment. Currently testing $2 at time of writing.
Yeah sliced through the $2 mark very easily....so just in a week's time the price moved from about 1.65 to over 2. Must confess I didn't expect such a swift price move upwards, goes to show what big with deep pockets can do with a stock.
The personal trainers down at the gym seemed pretty "pumped" a few minutes ago
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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Originally Posted by silverblizzard888
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