Comment / Against the odds: Hunt the catalyst at 'Amazon-like' WiseTech

Australia’s WiseTech (WTC) lacks catalysts in its value-creation bid and it seems its growth story – until a couple of years ago hinging on a massive inorganic growth push – is widely questioned these days.

And while founder and CEO Richard White cashes in and makes the headlines for business-unrelated matters – read: “Tech billionaire sets Palm Beach record at A$27.5 million” – today WiseTech stock closed at A$35.91, only 20%-ish above a 52-week low of A$29.69 set on 14 July ...