Im scratching my head trying to figure out how a company making $10m in sales and launching multiple products in large markets this year, still only has a MC of $26m.
Can anyone explain?
Am i missing something or is it just a case of flying under the radar?
Dont get me wrong because i am actually buying as much as i can at these levels but i jusr cant understand why it would be so low? We have a product that people want and repeat in an area that is growing rapidly due to the myopia pandemic taking place and we have one of the best products on the market to turn this pandemic around. So why so cheap?
Why such a low MC ($26m) on Au$10m sales
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Last
11.5¢ |
Change
-0.010(8.00%) |
Mkt cap ! $6.329M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 10.0¢ | $4.067K | 38.06K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 57944 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 11238 | 2 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| VTI (ASX) Chart |