There are billion dollar companies on the asx that are one are worth approx 2Bn losing 100M p.a with about 30M rev so even if there was 30M and losses of let alone positive what valuation would it be with 3Bn shares so technically could still get to $1 but they need to deliver.
This board have all built very sustainable businesses al with rapid and high growth so why would they join mogul if there wasn’t something there?
ESH Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
