Sometimes I think I must be the only crazy person in a room full of smart people.
For the life of me I can't wrap my head around how you are all valuing this company at over $1B when this year's revenue will be around $60m. Oh yes, it's growing fast (off an increeeeedibly low base last year).
And I read all these posts on these threads saying "oh I think it will be $3 s.p by the end of the year. Really?!?!? So you think it's worth $1.5B?!?!
OMG. I think this one is a classic example of people riding the uptrend and all sensible valuation metrics have been long lost and forgotten. Much like the fraudulent crypto trend which will cost lots of people a lot of money.
Good luck my friends....I think you're gonna need it.
Cettire : some reasons for such a growth, page-67
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Last
$1.31 |
Change
0.023(1.75%) |
Mkt cap ! $497.5M | |||
| Open | High | Low | Value | Volume |
| $1.30 | $1.33 | $1.29 | $1.304M | 1.001M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 21365 | $1.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.31 | 7114 | 9 |
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| Last trade - 15.01pm 16/08/2024 (20 minute delay) ? |
| CTT (ASX) Chart |