The market cap isn't a reflection of their current balance sheet, it's a reflection of the opportunity for what that balance sheet may look like in the future.
This really is growth tech stock investing 101, if all tech companies were valued on their current balance sheet then Afterpay would probably be trading at $10.
Ann: Investor Webinar Presentation, page-33
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Last
1.0¢ |
Change
0.001(11.1%) |
Mkt cap ! $43.24M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.9¢ | $2.109K | 231.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 10001408 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 4124830 | 11 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| SPX (ASX) Chart |