They have said this before in previous announcements, nothing new… I personally do not want any takeover offers or mergers… I don’t think Chris would be all that interested either. Just think of this-
- 47 million users
- Lots of data from those users
- High gross margin %
- Most of the revenue goes into research and development and marketing. (These expenses will eventually slow while the revenue goes up, putting us into positive territory)
I can see why companies would want 360 and that’s for Data and Users.
For me this is the question, how does 360 engage with it’s large audience to maximise revenue?
They have said this before in previous announcements, nothing...
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$16.37 |
Change
0.120(0.74%) |
Mkt cap ! $3.640B | |||
| Open | High | Low | Value | Volume |
| $16.40 | $16.63 | $16.06 | $8.830M | 539.8K |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2102 | $16.37 |
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| Price($) | Vol. | No. |
|---|---|---|
| $16.40 | 3217 | 2 |
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| 360 (ASX) Chart |