I think the ceo is trying to build scale by investing in people tech and marketing. For a capital intense business this is usually capex on the cash flow and not on the profit and loss statement. For a tech company to grow rapidly it's going to lower its margins. I think I'm ok with this for now if they can grow the top line at 20% p.a without profit going backwards. Maybe a PE ratio isn't the most appropriate metric given the strategy ?
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Last
$2.31 |
Change
0.000(0.00%) |
Mkt cap ! $554.3M |
Open | High | Low | Value | Volume |
$2.31 | $2.31 | $2.31 | $7.489K | 3.242K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 4317 | $2.28 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.29 | 4463 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 4317 | 2.280 |
13 | 16307 | 2.270 |
8 | 4691 | 2.260 |
5 | 3225 | 2.250 |
2 | 2625 | 2.240 |
Price($) | Vol. | No. |
---|---|---|
2.290 | 4463 | 17 |
2.300 | 12331 | 10 |
2.310 | 32448 | 8 |
2.320 | 44558 | 8 |
2.330 | 28210 | 6 |
Last trade - 10.06am 30/07/2024 (20 minute delay) ? |
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