Opened at ~$760m market cap this morning.
Here's what the company has based on last annual report:
-$20m per year profit
$4.2m revenues
$66m equity ($38m from that is cash)
Does anyone really want to pay $2+ (which is >$700m Market Cap) for a company that trades at 10x equity with negative profit?
$1 is being extremely generous at this point.
$1 party, page-2
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Last
61.0¢ |
Change
-0.005(0.81%) |
Mkt cap ! $300.5M | |||
| Open | High | Low | Value | Volume |
| 62.0¢ | 63.0¢ | 60.5¢ | $727.4K | 1.176M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 29999 | 61.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.5¢ | 33506 | 2 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| NVX (ASX) Chart |