Hahaha......just had to check it wasnt 1 April but then maybe the circus is in town.
Its a business with revenue of $40m per year. It has over $120m of revenue already locked in for the next 5 years. That is firm contracted revenue and not just revenue forecast like most companies. It has more than a couple mil in cash in the bank with no debt.
The equivalent talking up statement would be to say its a $60m company worth $1.8bn - using your factor of 30. Obviously its not worth that - its worth $60m today according to the market. Not $1.8bn and not $2m.
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Last
5.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $77.89M |
Open | High | Low | Value | Volume |
5.9¢ | 5.9¢ | 5.6¢ | $31.92K | 567.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9726 | 5.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.7¢ | 22000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9726 | 0.056 |
6 | 1236390 | 0.055 |
6 | 339874 | 0.054 |
5 | 373532 | 0.053 |
2 | 500000 | 0.052 |
Price($) | Vol. | No. |
---|---|---|
0.057 | 22000 | 1 |
0.058 | 38461 | 1 |
0.060 | 150009 | 2 |
0.061 | 169190 | 2 |
0.062 | 244347 | 3 |
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