Do you know what market cap means?
The problem with relying upon a customer sign up to move the share price for any duration is that it only engenders a relatively small amount off revenue two and a half years in the future.
It's only 2% for the embedded market. So assume that customer gets $2m revenue per year from that particular chip then that's only $40k pa starting in two and a half years.
That won't excite the market much until they get a cascade of signings.
Do you know what market cap means?The problem with relying upon...
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Last
$2.25 |
Change
-0.090(3.85%) |
Mkt cap ! $424.3M | |||
| Open | High | Low | Value | Volume |
| $2.34 | $2.35 | $2.25 | $1.416M | 619.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 38112 | $2.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.28 | 52740 | 1 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$2.26 |
Change
-0.090 ( 4.16 %) |
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| Open | High | Low | Volume | ||
| $2.34 | $2.34 | $2.25 | 103975 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| WBT (ASX) Chart |