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
73.0¢ |
Change
0.040(5.80%) |
Mkt cap ! $359.6M | |||
| Open | High | Low | Value | Volume |
| 69.0¢ | 73.5¢ | 68.0¢ | $857.2K | 1.192M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 57 | 72.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 73.0¢ | 11198 | 2 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| NVX (ASX) Chart |