On revenue of $17 million, they are still losing $3 million a year.
As previously suggested Institutions will only be interested in this stock when revenue reaches approx $30 million and the company is in profit..
Could take up to 3 years before this situation is achieved provided expenses are contained and growth remains.
The stock is illiquid and small time players currently grabbing a few along the way to trade on the chart indicators.
Four colombians walk into a bar, page-5
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IME (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
50.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $22.76M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 50.0¢ | 45.0¢ | $45.51K | 95.70K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10060 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.5¢ | 22957 | 1 |
View Market Depth
| Last trade - 12.31pm 30/08/2024 (20 minute delay) ? |
| IME (ASX) Chart |