I know you're smarter than that comment - halve the net assets and you'd be right.
Capitalising "expenditure" and "Intangibles" (standard accounting practice of course)
Plant & Equipment
- comes close to $23M, all of which are worthless until revenue is generated.
But look at that Liability total - less than a 1M. That is impressive!
I'm a huge supporter of the company for it's future as an industry leader and look forward to seeing some revenue shortly, but I'm calling it a $23M company for now. Certainly explains the current share price and direction eh?
TC.
I know you're smarter than that comment - halve the net assets...
-
- There are more pages in this discussion • 2 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 IXR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.69M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.9¢ | $30.18K | 3.023M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 6065922 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 732567 | 3 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| IXR (ASX) Chart |