AT1 FY21 - General Discussion + FA, page-718

Just wondering how did you reach that conclusion? I mean, there are plenty of ASX listed companies that have less revenue and similar market cap.

And if we think about the IPO price which was 20cents, with 561 million SOI. That would be a market cap of 112m with less than a million revenue in the first half of FY20. 2 million revenue in FY20 without COVID. Would that be overvalued?

If the revenue is 10 million this FY, we are still growing 100% YOY, and with a share price of 28cent, we suddenly can not support the market cap?

I don't know much about valuation, it's just the number don't feel right