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.
Opened at ~$760m market cap this morning.Here's what the company...
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Last
61.5¢ |
Change
-0.010(1.60%) |
Mkt cap ! $303.0M | |||
| Open | High | Low | Value | Volume |
| 63.0¢ | 63.0¢ | 60.8¢ | $425.8K | 687.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 102362 | 61.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 63.0¢ | 1000 | 1 |
View Market Depth
| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| NVX (ASX) Chart |