I'm getting rather confused by all the valuations being put forward, based on projected revenue. Revenue is not profit and according to Lefevre, in his excellent post #24572571, Richard has predicted that we will be profitable by H1 in 2019. The P/E ratios being suggested on this forum seem to be based on revenue, not earnings. Any comments on this ........
Valuation
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10.5¢ |
Change
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Mkt cap ! $113.5M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 9.8¢ | $9.627K | 97.28K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200000 | 9.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 205841 | 4 |
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