You are missing the point, look at Amazon, hasn't made a profit and it's a multi billion dollar company. Their strategy was to grow exponentially and sacrifice the profits doing so. It takes a vision and not short termism to achieve this. I'll be happy if FLN doesn't make a profit over the next 10 years but sees its revenues grow to $1B per annum. You will find that FLN will be valued much higher than it is right now, in fact much much higher.
Bargains, page-16
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Last
17.5¢ |
Change
0.015(9.38%) |
Mkt cap ! $78.91M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 19.0¢ | 16.5¢ | $14.24K | 80.77K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6026 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 20739 | 2 |
View Market Depth
| Last trade - 15.09pm 13/08/2024 (20 minute delay) ? |
| FLN (ASX) Chart |