What article are you referring to and what is the stock code?
You would expect that business development and corporate costs are mostly one offs that wont re-occur after the business has established itself
. So if they are increasing revenue at this fantastic rate quarter by quarter for the next couple of years, they will be cashflow positive in no time, and that's why there is a premium on the SP. Much like BUB, AD8, VHT etc.
Raising cash isn't a problem if they can maintain this massive growth (so long as they can raise cash with a rising SP). again hasn't stopped the run on the stocks mentioned above.
If the growth is there, there will be no shortage of investors willing to jump in.
What article are you referring to and what is the stock code?...
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Last
68.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $223.6M | |||
| Open | High | Low | Value | Volume |
| 66.5¢ | 69.0¢ | 66.5¢ | $124.7K | 182.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 22281 | 67.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 68.0¢ | 10820 | 5 |
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| Last trade - 11.32am 10/10/2024 (20 minute delay) ? |
| PBH (ASX) Chart |