So you saying high growth prospect, fast growing global startup will be valued on their near future earnings credentials now?
P/S ratio based valuation has no weight anymore??
Pre-LiFX valuation of BUD was at P/S of 40-50 range and it sort of maintained that throughout. So why would market suddenly change that based on earnings especially when everyone knows they are 9-12 months away to break even, let alone healthy earnings?
BUD Price at posting:
9.6¢ Sentiment: Buy Disclosure: Held
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