Gharp the problem is these companies have no earnings, thats the problem, without earnings there is no PE to rerate.
These type of companies have been trading on purely sales growth.
The market has evolved from 2020, and the market want's to see earnings 1st sales growth 2nd.
Ann: Half Yearly Report and Accounts, page-167
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$1.03 |
Change
-0.010(0.96%) |
Mkt cap ! $540.7M | |||
| Open | High | Low | Value | Volume |
| $1.04 | $1.05 | $1.03 | $1.929M | 1.865M |
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| No. | Vol. | Price($) |
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| 1 | 642 | $1.03 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.04 | 2000 | 1 |
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