What the sellers did not realise or overlook was the revenue for the 3rd Qtr?
938 minus 613 equals 325
Use your imagination:
Jan to Mar 2019. No single days. No 12/12 sales
Feb is a short month. Lunar New Year celebration at least 2 weeks (before and after). The first week of January is still on holiday mode for most businesses and consumers
The 3rd Qtr revenue of 325. It means sales are growing exponentially.
April to June 2019 must be bigger revenue. 400m??
Remember increased brand awareness.
Wake up!
Have they thought about this?
In my own opinion.
Ann: Presentation to Macquarie Australia Conference 2019, page-65
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$5.53 |
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| Open | High | Low | Value | Volume |
| $5.74 | $5.76 | $5.53 | $10.64M | 1.911M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 31051 | $5.53 |
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| Price($) | Vol. | No. |
|---|---|---|
| $5.55 | 21771 | 3 |
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