IWG
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0.00% 4.0¢ iwebgate limited

If they sell $3m they are still losing money. Tell you what....

  1. waggingthedog
    107 Posts.
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    12/02/16
    15:21
    Post #: 17006639
    If they sell $3m they are still losing money. Tell you what. Take this roadshow and go on shark tank and see what their offer is. Nobody, nobody is going to pay 10x for a company that loses money hand over fist. Delusional thinking on your part. Hint: people determine value on profit, not revenues. 10X of nothing is still nothing.
    IWG Price at posting: 13.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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