FWIW every week it goes lower the valuation makes a tiny bit more sense, but it's still richly valued. I've done the numbers before and none of it made sense to you then @LizzyBee (nor were you willing to listen), but briefly they're on track to do around $2,300,000 revenue for FY22 so at the current market cap of $32.2M it is trading on 14x revenues. This is still very high but it's a lot better than it was - at one point it was trading on 170x revenues. But to break it down really simple for you:
- the company is currently worth over $30,000,000
- on current trend they're doing around $2,300,000 per year in revenue
- on current trend they're spending $10,067,000 per year in operating expenses
- as of 31 March 22 they had they had $12,678,000 in cash
It's pretty obvious where this is going - unless something changes dramatically.
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Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $46.03M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.0¢ | $32.09K | 2.922M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 7457325 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 1759381 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 7457325 | 0.010 |
15 | 5925838 | 0.009 |
10 | 5358248 | 0.008 |
6 | 6232562 | 0.007 |
8 | 3397420 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 1759381 | 2 |
0.012 | 5670492 | 11 |
0.013 | 9242645 | 10 |
0.014 | 8389378 | 13 |
0.015 | 7363083 | 7 |
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