It would have been better if the hurdle would have been EBITDA or Profit and not revenue or a combination.
All this encourages is higher revenue at any cost. Gross Margin dropped from 43% to 11% between H1FY20 to H1FY21, makes me wonder if products are simply given away to increase revenue (so much for being vertically integrated!).
I would vote no, I am all for PS but it should be better aligned.
It would have been better if the hurdle would have been EBITDA...
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Last
0.7¢ |
Change
-0.001(12.5%) |
Mkt cap ! $17.17M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.7¢ | $16.93K | 2.123M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 7056185 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 8465783 | 15 |
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| Last trade - 10.17am 30/07/2024 (20 minute delay) ? |
| CCO (ASX) Chart |