because the current market cap reflects FOMO, which has been exhausted. Moreover, a company that is yet to make any money, and which is facing increasing competitive and regulatory pressures, is simply NOT worth a billion dollars. The recent re-rate proves this IMHO.
Too easy.
Ann: Quarterly Report, page-408
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Last
$2.79 |
Change
-0.010(0.36%) |
Mkt cap ! $3.642B | |||
| Open | High | Low | Value | Volume |
| $2.80 | $2.81 | $2.74 | $25.49M | 9.190M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 11942 | $2.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.79 | 30971 | 2 |
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| ZIP (ASX) Chart |