DEL 5.26% 18.0¢ delorean corporation limited

Ann: DEVO Project - Final Investment Decision, page-55

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  1. 5 Posts.
    lightbulb Created with Sketch. 3
    hi mate,

    how can you compare the two? can you enlighten me.

    DEL last year profit alone was twice the total revenue of RAN. DEL had 31mn revenue and RAN 1.4mn....there is absolutely no comparison. RAN still has probably 6-7mn marketcap, do the maths on EV as well and you can see who is overavalued. RAN has never made a profit, DEL profits for last 3 years and progressive revenue.

    Would love to hear thoughts??
 
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