Yes the valuation of $300 million market cap is pointless.
They would need annual sales in the area of $3 billion to get investors any sort of sensible return. We all know that isn't going to happen with only $1million of inventory, and possibly the most of that will soon expire and been thrown into the trash
Ann: Half Year Review, page-45
Add WNX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.9¢ |
Change
-0.001(3.33%) |
Mkt cap ! $37.40M | |||
| Open | High | Low | Value | Volume |
| 3.0¢ | 3.0¢ | 2.9¢ | $22.85K | 785.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2469378 | 2.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 280000 | 1 |
View Market Depth
| Last trade - 11.26am 10/07/2024 (20 minute delay) ? |
| WNX (ASX) Chart |