Member Info for Leoniek1980

Hi - i don't really understand the share price movement day to day but a SaaS type business with this level of growth and recurring revenue would typically attract 12x-15x EBITDA+ in the private markets which is where I am involved (i.e. Private Equity)...I think it will trade in the range 60-£1 unfortunately unless a bid comes along but ultimately i think one day it will get a bid at a £1 plus as it is just seems so far under market value (6.6x EBITDA or something). The only thing that i can think is the sector is more discretionary and will be perceived as less attractive (influencer space) than regtech, security, etc, even so it seems under value to me