I just don’t know what to expect of the markets anymore. It’s still a company worthy of listing on the ASX. An ASX company does not list with a 1m market cap. That’s the price of an IGA supermarket. Or a Gloria Jeans/Nandos franchise shop where you are paying the franchise half your profits. A shell is worth more than that. Even the biggest dogs on the ASX ie YPB is 10m market cap. KNM was 35m market cap. HHI is 2m market cap or 1.5m. But it has revenue. People are diluted to nothing.
They say the bear market aren’t over, but many tech, BNPL, medical stocks already more than 95% down. They say prepare for increased market volatility. But I wasn’t expecting this LOL
