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9.68% 28.0¢ argent biopharma limited

Your comparison is not entirely accurate. MXC has 800k revenue ,...

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  1. Sparkz918
    1,049 Posts.
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    01/05/20
    08:26
    Post #: 44370652
    Your comparison is not entirely accurate.

    MXC has 800k revenue , Cost of Good sold (COGS) is 768k, gross profit is 4%

    Althea (AGH) has 1.4 million revenue, COGS 597k, gross profit is 57% !!!

    I haven't seen a business can survive with a GP as low as 4%.
    MXC Price at posting: 2.8¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch. 2  Great analysis
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