That isn’t a reason! Building a business you need to reinvest - it all depends on how big you want to go and how early... look at UBER and Afterpay - ??? Did that stop their share price growth - nope, the opposite !! - it’s about how big the market is and capturing a slice of it - cashflow positive is the end result of reinvesting to gain market share or in RSH’s developing the market - this end of the market it works very differently and cash flow positive isn’t the sole metric by any means - it’s about if they get traction in Australia and then how big the market is worldwide... the overheads and running costs are low as we have a partner to share those cost with in-house sales, distribution, marketing and logisticsi capabilities ... anyway thought I’d just make this observation based on the reason you sold.
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Last
3.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.25M |
Open | High | Low | Value | Volume |
3.4¢ | 3.6¢ | 3.3¢ | $5.799K | 168.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.7¢ | 416626 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.036 |
1 | 205507 | 0.035 |
1 | 95000 | 0.034 |
3 | 541370 | 0.032 |
2 | 2645161 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.037 | 416626 | 4 |
0.038 | 515624 | 2 |
0.039 | 1482602 | 2 |
0.040 | 340000 | 2 |
0.042 | 882000 | 1 |
Last trade - 15.56pm 01/10/2024 (20 minute delay) ? |
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