I like your optimism but unfortunately app rankings are simply not that important. And 70% of sales are not online - pls source that info if you’re going to throw out stats like that.
I wish online sales were that high. Gross margins would be much higher but unfortunately that is a weak channel as we just can’t do enough volume to drive the market cap materially higher. The only way to do that is to compliment that with a retail strategy in multiple markets, which is what they’re trying to do.
Also, happy to be proven wrong if the SP goes higher but the fact remains that it’s unit sales and not app sales that will move the SP. Think of one like dinner and the other dessert.
Say hi to your mate Nigel for me
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4 | 627621 | 0.021 |
4 | 1250000 | 0.020 |
2 | 266650 | 0.018 |
1 | 34000 | 0.015 |
Price($) | Vol. | No. |
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0.024 | 399616 | 1 |
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