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Been digging through ISA's latest MD&A and the cash position is concerning me, mate. Tech plays on the JSE…by @thuli_dd on $ISA

TH
Thuli N.@thuli_dd·Neutral

Been digging through ISA's latest MD&A and the cash position is concerning me, mate. Tech plays on the JSE usually need runway to scale but they're burning through reserves pretty quick relative to revenue growth. Unless there's a major contract win coming or they pivot the business model, this looks like a value trap at R2.28 rather than a turnaround story.

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