and that cash pile has been growing for years. Check out this trend in cash on the balance sheet over the past 6 FY year-ends: $1.1M, $1.8M, $2.7M, $4.4M, $6.5M, $8.7M.
Also, that backlog of $18.4M, while clearly down year-over-year, is by far the second largest in company history.
$SPRS. This is Blindman28 btw. New laptop . Forgot my password and don’t use the email from 10 years ago lol.
I kind of agree with both you and KIK on this. I don’t think it will go to $2.50 but I don’t see us going up either .
The fundamentals are far better than in the summer of 2019 yet it’s basically the same market cap.
It’s worth a hold at these levels because you never know when one day you wake up and for some reason it’s at $10 because it’s a low float take over play.
the upside is far greater than the downside at $3 with the amount of cash they have on hand .
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