ATV 2.00% 4.9¢ activeport group ltd

my choice of a Price to Sales ratio of 10 is no accident.The...

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  1. 2,807 Posts.
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    my choice of a Price to Sales ratio of 10 is no accident.
    The Stern Business school at New York university publishes the PS data , for the 92 industry sectors in USA here:
    https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/psdata.html
    With a PS ratio of 10.39 Software (System & Application) pips semiconductor at 10.20 .
    Given that Software is the most populous sector with 351 companies in the dataset of 6481 companies I consider this to be a reliable indicator of potential M&A interest in ATV....if it can deliver on its stated objectives. Any one of those 351 companies could be interested to acquire ATV at current prices given the present derisory PS ratio for ATV stock.
    just sayin'
 
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Last
4.9¢
Change
-0.001(2.00%)
Mkt cap ! $17.31M
Open High Low Value Volume
5.0¢ 5.0¢ 4.9¢ $7.386K 150K

Buyers (Bids)

No. Vol. Price($)
1 55370 4.3¢
 

Sellers (Offers)

Price($) Vol. No.
4.9¢ 94400 2
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Last trade - 14.59pm 08/10/2024 (20 minute delay) ?
ATV (ASX) Chart
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