Just holding Dark back from FTSE100 for a while?13 Sep 2021 23:45
Just about to get promoted to FTSE250
http://www.stockchallenge.co.uk/ftse.php
5.1B Market Cap would get them into the 100 which is a SP of around 731 so are they holding it back?
738 was touched again last week with the 785 all time high hit previously
ARR is exceeding growth targets as are customers & revenue etc. A £5m loss is nothing in tech cloud companies - just look at the losses Salesforce, Workday, Okta, ServiceNow etc all had with significantly higher valuations on lower ARR
Have to say it’s nice of the city folks to let long term holders grab more bargains as once this hits the 100 index it won’t ever be this cheap again as seriously undervalued vs competition