I would like you to consider page 2 of the report. Earning increased 963% whilst expenses increased 253%. Yes earnings are high however earning are quickly closing the gap. Also high expenses are expected for Multiple reasons, they are growing the business across 4 markets now (Canada, Germany, UK, Aus) management continue to increase market share in these regions, also they acquired a supporting business only months ago. This company is growing at a very rapid rate and the fact the earnings are increasing at a rate of 4x the rate of the expenses has me more than happy to invest. Not to mention the management team believe they will be break even this year and they have not failed to deliver yet.
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Ann: Half Yearly Report and Accounts, page-9
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4.2¢ |
Change
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Mkt cap ! $17.02M |
Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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1 | 75392 | 0.040 |
3 | 42666 | 0.039 |
1 | 26315 | 0.038 |
2 | 93758 | 0.037 |
Price($) | Vol. | No. |
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0.044 | 5415 | 1 |
0.045 | 10012 | 3 |
0.046 | 71441 | 1 |
0.047 | 19564 | 1 |
0.048 | 246061 | 2 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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