As ROEROC pointed out nicely re: proportionality of revenue to cost, they effectively have little operating leverage, i.e. to make more margin for each incremental revenue $. So no matter how much revenue growth they achieve, they are spending it just as fast and earning next to no margin therefore a pointless business... You operate a biz to earn a profit / return for shareholders either through dividends or capital gain / value creation. They are value destroying at this burn rate and we will never see a return from these levels as all the value and more is already baked into the share price if not overvalued.
Expecting the market will wake up to this and a fair valuation lower than present to <$12
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Last
$13.88 |
Change
-0.100(0.72%) |
Mkt cap ! $2.462B |
Open | High | Low | Value | Volume |
$13.96 | $13.97 | $13.81 | $2.425M | 174.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 965 | $13.81 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$13.89 | 800 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 290 | 13.800 |
1 | 500 | 13.670 |
1 | 300 | 13.500 |
1 | 175 | 13.450 |
1 | 720 | 13.430 |
Price($) | Vol. | No. |
---|---|---|
13.890 | 300 | 1 |
14.000 | 30 | 1 |
14.200 | 6864 | 2 |
14.250 | 90 | 1 |
14.330 | 320 | 1 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
PXA (ASX) Chart |
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