Well yeah, you only have to look at XERO to see they were in a loss for quite a while and only just turned a profit this year ( $3.3 million on a 16.5 billion dollar company). For a new company you can expect 3-4yrs of losses before it tapers off. You have to have the vision to see this company expanding aggressively to more states in the future which will be huge as this is a new market.
Reminds me of A2M when I held it back in 2016 for 11months, I could see China all over it but changed after thinking it was just the hype and flat lined for a while.
Media Update, page-188
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Last
57.8¢ |
Change
0.008(1.32%) |
Mkt cap ! $192.1M | |||
| Open | High | Low | Value | Volume |
| 57.5¢ | 60.5¢ | 57.0¢ | $2.297M | 3.930M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3327 | 57.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.0¢ | 82558 | 20 |
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| Last trade - 15.06pm 10/09/2024 (20 minute delay) ? |
| PBH (ASX) Chart |