Relax. Once CM8 reports a decent net profit, I'm fairly sure the SP will zoom past 50 cents and keep going. Keep in mind market cap is only $29 million right now, so there's a lot of upside. Even a modest net profit announcement will seem huge compared to such a tiny market cap.
The good news is revenue has come a long way in 3 years and I'm confident revenue (and eventually profits) will go a long way in the next 3 years.
2015 -- 12.9 million
2016 -- 37.0 million
2017 -- 43.9 million
In my opinion... any company that's growing revenue like that, whilst simultaneously reducing debt, will be posting net profits sooner rather than later. It's still a speculative -- but we shall see.
Relax. Once CM8 reports a decent net profit, I'm fairly sure the...
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Mkt cap ! $15.90M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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