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
85.0¢ |
Change
0.025(3.03%) |
Mkt cap ! $415.6M | |||
| Open | High | Low | Value | Volume |
| 85.0¢ | 88.5¢ | 85.0¢ | $1.574M | 1.825M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 17117 | 85.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 86.0¢ | 1405 | 2 |
View Market Depth
| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
85.0¢ |
Change
0.025 ( 2.98 %) |
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| Open | High | Low | Volume | ||
| 86.0¢ | 88.5¢ | 85.0¢ | 316682 | ||
| Last updated 15.59pm 15/05/2024 ? | |||||
| NVX (ASX) Chart |