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clock Created with Sketch. 17/09/20
11:20
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Originally posted by ishanroy:
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It is a forecast and we have to wait for the company to meet it and then we will have more market confidence. I am not saying it will not happen but investors always want hope for the best and plan for the worst. That is why I am trying to understand why is the market cap hovering around $150 mil after knowing that the next revenue target is $100~ by dec 2020, why is the market not factoring that in in valuation of the SP like it happens with other companies (plenty listed on ASX with revenue and market cap relation 20 time or more in the same sector) I am trying to find out why the SP is stuck around $.23 - $.26
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This is why a majority of my portfolio is in TNT....i dont understand why the MC is so low compared to revenue.
