Must admit that I don't visit this site much but was rather surprised at this post. Could you please clarify? Maybe things have changed a lot in the last couple of weeks.
1) 1.7 billion shares? Where did that figure come from? Two weeks ago there were 1.3bil shares issued - were there 400mil shares issued recently - and to whom?
2) $410 million in revenue (even using 1.7 bil shares as a base mark) would mean 24 cents per share of revenue to justify an SP of 3.8 cents.
Mathematically, this seems a bit inaccurate. Wonder if you could explain the maths in arriving at these assumptions?.
Chart, page-88
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Last
29.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.73M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4408 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 1899 | 2 |
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| RGT (ASX) Chart |
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