Yes. There are inter revenue opportunities between subs (which will diminish the cash balance) and then outer subsidiary revenue opportunities (which will be more reflective of revenue growth). Without proper separate income statements accounting for each sub I feel that this is a very difficult investment to value on traditional metrics. They are effectively creating an industry. So perhaps the market has got this one wrong?
I suppose that's why were all invested here.
Ann: Market update presentation, page-28
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Last
41.5¢ |
Change
0.030(7.79%) |
Mkt cap ! $37.68M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 44.5¢ | 39.0¢ | $92.39K | 221.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8492 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 194 | 2 |
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| Last trade - 12.34pm 03/10/2024 (20 minute delay) ? |
| PPK (ASX) Chart |