I think everyone saying they spent $5M on the Olympics might be wrong.
At the time, they company had annualised marketing expense of call it $5M per year, or $2,5M per half.
In the Olympics half, they spent $5M, which would mean they spent $2,5M ON THE ACTUAL Olympics placement. Now, I could be wrong about this, and maybe they actually turned off ALL other marketing across that 6 months, but that doesnt seem to make sense to me.
$2,5M for Brand establishment for a Company making revenues of $60M last year, doesnt seem that bad an investment. But maybe Im being too kind to them?
Anyway, Im clearly wrong here, as I think this Company still has all the hallmarks of what it takes to build a $1B Company, and has the revenue and profitability mapped out before it over the next 2-3 years years. But everyone else seems to think otherwise at the moment. So not sure what Im missing.
- Forums
- ASX - By Stock
- WZR
- Massive opportunity cost
Massive opportunity cost, page-252
-
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WZR (ASX) to my watchlist
|
|||||
Last
3.1¢ |
Change
-0.001(3.13%) |
Mkt cap ! $43.93M |
Open | High | Low | Value | Volume |
3.1¢ | 3.2¢ | 3.1¢ | $4.827K | 153.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 200140 | 3.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.2¢ | 280655 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 200140 | 0.031 |
5 | 551043 | 0.030 |
4 | 751724 | 0.029 |
5 | 2115019 | 0.028 |
2 | 500000 | 0.027 |
Price($) | Vol. | No. |
---|---|---|
0.032 | 280655 | 4 |
0.033 | 263500 | 3 |
0.034 | 597613 | 3 |
0.035 | 684639 | 5 |
0.036 | 15386 | 1 |
Last trade - 14.47pm 29/07/2024 (20 minute delay) ? |
Featured News
WZR (ASX) Chart |