Having seen quite a few businesses start from scratch over a period of 35 years as a CPA, I don't much merit in any of the short term and narrow minded comments posted.
I am a significant investor with the bulk of my holding being free carry, as a result of the outrageous speculation last year that drove the price from under 20c to over 70c. You gotta love it when that happens.
The business is far from out of the woods but increases all its key metrics every quarter closing in on cash flow break even, despite a string of new retail and online opportunities, yet to be tapped.
I am a very comfortable accumulator below 20c and have no problem waiting 2-3 years for the sales/cash flow/growth to either deliver a multiple bagger, or a total loss.
That is the nature of the game at this end of the market.
DYOR
Ann: HY 2019 Financial Results and Strategic Outlook, page-7
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.53M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 9736829 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 2849354 | 4 |
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