After $32m in capital raises before 30 June 2021 -
SPX must deliver the revenues to maintain or sustain a Market Cap equivalent to trading at 20 times Revenues
Trading at 20 Times revenues is a luxury that must be earned with results not just promises
Runs on the board -
$693k as per last quarterly simply imo does not suffice the current market cap
Well overvalued at current levels based current results - hence sell off continues.
This is not down ramping This is reality
DYOR abd IMO
Ann: Investor Presentation, page-55
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Last
1.2¢ |
Change
0.002(20.0%) |
Mkt cap ! $55.24M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.1¢ | $21.39K | 1.944M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 5972326 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 8980430 | 15 |
View Market Depth
| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| SPX (ASX) Chart |