Mc is 6.1m at 2.5c , cash just under 2m , don't forget they operate in USA and paying US dollars for their expenses keep in mind the us/au dollar might not in favour at the moment and they have no revenue yet...
It's hard to valuate this co right now , have to wait for v2 and some income first ...
Stale CQA holders and recent buyers @ 1c from last months drop, giving a bit of pressure but with a good ann can run ..
Good luck to you guys as I sold recently but keeping an eye still ....
- Forums
- ASX - By Stock
- PCH
- Corrections and Quiet
Corrections and Quiet, page-13
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)