Future revenue is yet to be proven. Granted it can jump exponentially but, yes, I do think $165m is a lot for where they are now. I was in Yoj from the very very early days. Back in 2017, so have been a holder and following for a long time. Lost a bit of faith when directors “earned” 200m shares at 17c at the time and diluted the shares by 40%. I hope they do well but they are not some hot new upstart, they have been trying to do this for a long time. I would rather pay more and get back in when they start generating some real revenue but will always follow progress as they were a favourite of mine. Good luck all.
Ann: Quarterly Activity Report and App 4C Mar Q 2021, page-8
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