Hi Rob,
BVS has struggled since COVID although as you say it enjoyed a decent bounce over the last 12-months. However the investment software provider looks to have turned the corner following the release of their half-year results which revealed a return to profit. BVS reported earnings of $7.9 million for the half, up from a loss of $3.6 million a year earlier.
- The stock has slipped 30% after the exuberance of the result but considering it had rallied over +400% from its 2023 low, its not a significant pullback.
- BVS is not on the MM radar but for the believers the $1 appears to be offering some decent risk/reward.