I take that AHAlife is still loss making, which is why I just see charts showing revenue growth? Goodness knows how much they are paying their staff to maintain a home shopping website.
It says that they have already tapped the market for $US23. If they are not profitable by now, maybe they never will be. The current .com bubble is getting a bit long in the tooth now.
Tech companies remind me our small resource stocks, over paid to talk up blue sky. That said, however, if there are enough people buying $400 cheese platters, then they will do very well.
Ann: Company presentation on proposed acquisition of AHAlife, page-2
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