This has to be a joke? How is the valuation of this business...

  1. 316 Posts.
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    This has to be a joke? How is the valuation of this business even justified? Loss as exploded by a further 100%. Revenue growth is pathetic. Consumer user numbers are a joke. And they are expanding offshore because it has been so successful in Australia? Well no, it hasn't. But hey, let's reward management with more share options at a zero strike price? I honestly fail to understand how this company can carry a value north of $10m on these numbers and performance. IMO the board are delusional. I keep watching this stock thinking there might be something here but for the life of me can't find a reason to invest.
 
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(20min delay)
Last
8.0¢
Change
0.001(1.27%)
Mkt cap ! $49.98M
Open High Low Value Volume
7.9¢ 8.0¢ 7.9¢ $45.78K 576.6K

Buyers (Bids)

No. Vol. Price($)
1 120000 7.7¢
 

Sellers (Offers)

Price($) Vol. No.
8.0¢ 60937 1
View Market Depth
Last trade - 16.10pm 17/06/2025 (20 minute delay) ?
MDR (ASX) Chart
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