Can someone confirm the market cap? My broker's site is saying $14m... at which I'm interested. However Hotcopper is saying $90m, which seems very overpriced when we don't have any firm numbers on anticipated revenues or profits. The last quarterly shows cash burn of $1.5m for the quarter. Growth potential is considerable but there are lots of unknowns.
Ironically, I'm cautious about the stock because of the way it was promoted to me. I found out about the stock from a Hotcopper email. While such promotion has undoubtedly raised D13's profile, I've seen a number of these "recommendations" act as an opportunity for a large investor to offload holdings during some short-term hype. So - as much as I like the "story" that is unfolding - I'm reluctant to jump on board without some more numbers to convince me that this stock isn't already way overcooked.
Happy to be educated by people who know a bit about this stock. I like the concept, and would get a lot more excited if someone can share some attractive financials with me.
D13 Price at posting:
12.5¢ Sentiment: None Disclosure: Not Held
