Thanks @WilliamD - looks like you nailed this one.
Agree with your sentiments re. MC/Sales ratio. This one is criminally undervalued in my opinion for whatever reason. Always find it frustrating when people completely ignore the growth and trajectory of the company and focus on things that are unimportant in the broader context... like (1) whether they have made SP gains, (2) how much the C-suite is getting paid, when the amount is less than 500k. Seriously, that's not a lot of money.
Anyway, fingers crossed this adds another arrow to the quiver... This company has so much going for it, just need the final piece of the puzzle to come together (i.e. profitability), while we continue to slap on those huge growth rates. Whilst they seem to get crucified for any foot out of place, management has been gunning this from the side that matters - the business side.
Onwards and upwards.
Thanks @WilliamD - looks like you nailed this one.Agree with...
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| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 6 | 5908388 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 0.5¢ | 2529203 | 5 |
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| Last trade - 16.12pm 14/06/2024 (20 minute delay) ? |
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| 0.4¢ | 0.4¢ | 0.4¢ | 200000 | ||
| Last updated 14.00pm 14/06/2024 ? | |||||
| RLG (ASX) Chart |
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