Possibilities of large new contracts are hard to come by in given market conditions. With migration grinding to halt, student population scarce, not a lot of new building projects coming up it is harder to get bigger sales.
Even if they did -
At $ 1000 sales per day and $ 10000 per day as costs of running this business, it takes a lot of new business for it to even break even. Lets say net margin at best is 20% they have to 50000 just to make 10,000 profit. Add to that cost of goods bringing in. You are looking at almost an impossible task in the immediate future. Those big investors who are constantly selling will have professionals sitting and working out what is ahead of them.
It is better to buy lottery ticket for now.
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Open | High | Low | Value | Volume |
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6 | 901048 | 0.008 |
4 | 893114 | 0.007 |
1 | 250000 | 0.006 |
2 | 200000 | 0.005 |
Price($) | Vol. | No. |
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