"How could they have revenue 5 million in a qtr to end up with 300k profit something is serriously wrong totally rediculous and needs to be sorted maybe a new CEO."
You mention it is a 300k profit , are you getting that confused with a 300k positive cashflow ?
Understandable if you are confused as Aaron had to subtly correct Gavin on that in the webcast .
The list of companies Taureen7 graciously provided had a couple on there that had decent sales but if one checks them out deeper were running at a loss ie ASH and OMN , with OMN they would have reported a small profit but had tax liabilities from previously they had to pay for so underlying profit but a statutory loss any way not unusual for companies to have decent sales but to run a loss .
Looks like though the other companies were reporting an after tax profit equivalent to around 7% of sales.
SO to get to a fundamental basis of say a PE of 20 from sales based on current market cap of 105M for AJX then :
$A105M /20 = 5.25 M
5.25M /0.07 = A$75M in annual sales needed to justify current market cap (assuming all things being equal which they are not )
Welcome to be corrected !
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.49M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $1.864K | 233.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 1258409 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 57000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 1258409 | 0.008 |
6 | 3850194 | 0.007 |
4 | 581167 | 0.006 |
1 | 300000 | 0.005 |
1 | 500000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 57000 | 1 |
0.010 | 150000 | 2 |
0.011 | 1000000 | 2 |
0.013 | 669958 | 2 |
0.014 | 134311 | 1 |
Last trade - 14.36pm 30/08/2024 (20 minute delay) ? |
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