AND 0.40% $2.46 ansarada group limited

IPO - thedocyard Limited, page-3

  1. 848 Posts.
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    Based on prospectus valuation to revenue is 49x. It seems high valuation. thedocyard has already spent heavily on marketing and sales but revenue is still below 600k. Unless deal size of new client is disclosed it does not seem to be a good buy.
 
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