Thanks for the post. I think you have summed up the updates from the concall perfectly. I mostly agree with your analysis and on the short term there may be consolidation. However on a long term there is a strong chance for Affle to do well because its a niche company and most of their business is CPCU (RoI) based. Also the preferential shares issued to the Gamnat Pte (Govt of Singapore) are at a higher price. The company has confirmed that this won’t change despite the recent correction in the market price. I think this is a good pivot for small investors like us.
Disc : Invested at higher level and hence biased
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