Redbubble hopes to reclaim its positive cashflow mantle by the end of the year.
“WiseTech has always wanted to buy assets before anybody else could and they’ve proven they can integrate these products and businesses into their own offering,” he said.“So we could see some more buys from them as they spot more complementary technology emerging.
“But that premium seems to be at its relative peak, so it will be interesting to see if more quality technology names arrive in the ASX. It doesn’t seem like the IPO pipeline will open up for another year or more yet.”In a dismal IPO year last year, only $1 billion was raised through listings, down 92 per cent from 2021, according to data from the ASX.
Both face headwinds with tech & current strategies. AT what multiple are either value? How's the divs?
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