Amazon has built one of the worlds largest businesses and trades on a P/E of 340. Growth companies shouldn't focus on profit and the good ones don't. AU8 is a growth company and I wouldn't care if it didn't make a profit for the next ten years if it kept doubling revenue every 3 months! I'm not comparing amazon to AU8 by the way, just using it as an example.
Long Term Predictions?, page-37
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Last
0.8¢ |
Change
-0.001(11.1%) |
Mkt cap ! $15.42M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.8¢ | $11.47K | 1.417M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 13896605 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 533000 | 2 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| AUK (ASX) Chart |