Currently $62Mill market cap......no chance of breakeven in the next 5 - 10 years to go anywhere near justifying this market cap let alone a higher one. This would be expensive it was half a cent let alone 2cents!
Sales are simply non existant and this company is certainly not a Merchant player with $72K in revenue generated, very very far from being a SAAS platform and has absolutely zero chance of succeeding as a finance company with next to no expertise in this very risky part of the finance lanscape (invoice finance).
The Board should be called to account for this dismal performance relative to their repeated promises.
I am out now ....good luck to remaing holders.
Ann: Half Yearly Report and Accounts, page-109
-
- There are more pages in this discussion • 64 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SPX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $43.24M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $1.243K | 124.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 3440053 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 1591350 | 7 |
View Market Depth
| Last trade - 10.41am 16/08/2024 (20 minute delay) ? |
| SPX (ASX) Chart |