Yeah its not going to happen any time soon, but in two years, with the quite obviously high revenue growth rates (which will of course slow going forward), the value of this company will be far greater than today.
You are correct in criticising management for some of their more outrageous claims made in previous years however.
We know now that it was just to get their CRs at better value, the issue with it is that those who bought on those claims lost out, only those that held for longer periods (management included) benefitted from this practice, which I wouldn't condone.
Ann: Appendix 4C - quarterly, page-90
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Change
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Mkt cap ! $17.31M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 666 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 638801 | 4 |
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