"For instance AfterPay which has just raised $800M and has never declared a profit. However they have a cash flow in the $billions already; from millions of customers and users. THEY ARE SELLING THEIR PRODUCT!!!!"
I can't confirm that their cashflow is in the $billions but I do know their projected profit for 2022 is only $75 million, which would give them a PE ratio of somewhere around 253 at today's Market Cap. I think it might be currently a little over priced, don't you. There is a definite bubble in the sector you refer to and it will surely pop.
Once Archer tick each box and get the job done the share price will take care of itself.
Ann: Qubit control measurements commence, page-88
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Last
28.0¢ |
Change
0.005(1.82%) |
Mkt cap ! $71.35M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 28.0¢ | 26.0¢ | $69.14K | 255.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 50715 | 5 |
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| Last trade - 15.40pm 01/11/2024 (20 minute delay) ? |
| AXE (ASX) Chart |