mate the company is worth what people are willing to pay for it. last time I checked xero had a PE ratio over 1000. nvidia. crypto. plus many other examples.
by your logic nobody should have made money on these things. because they make no rational sense.
people were paying 48c on this ticker. a $100 000 trade went through at that price.
to suggest there's some sort of logic (beyond technical analysis and charts) to Market caps in a post-QE world is.., not based in reality. and there are plenty of examples to show this is the case.
your heavily logic driven approach makes sense - but it's not always the way to make money.
there's a difference.
mate the company is worth what people are willing to pay for it....
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
30.0¢ |
Change
0.005(1.69%) |
Mkt cap ! $103.6M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 30.0¢ | 29.0¢ | $106.8K | 365.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 106156 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 179999 | 1 |
View Market Depth
| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| PTR (ASX) Chart |