Quite shocked at the sudden rise today given the company made a ~$1.5M loss and has continued its losses quarter on quarter. This has been accounted for as 'expansion'. The cost of sales and general expenses are quite staggering given the revenue. The company is going to have to deliver significantly increased revenue while capping expenses to even turn a profit.
I think the concept of the company and potential future, but in particular cost of sale v revenue balance needs significant improvement.
News: DLT Delta Drone International HY Revenue Rose 53.3% To A$ 2.5 Mln, page-10
Add RKT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.8¢ |
Change
0.001(14.3%) |
Mkt cap ! $5.248M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.8¢ | $4.362K | 545.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 8433876 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 1350592 | 2 |
View Market Depth
| Last trade - 13.00pm 09/08/2024 (20 minute delay) ? |
| RKT (ASX) Chart |