Valuations (PE ratio or market cap) are always hard for tech start ups, that is why for me, these type of companies i trade only their market sentiment and years of experience shows prices cant sustain a 3.6c to 10c rise in three days.
Fundamental valuations IMO are for junior resource companies that can prove funding and a valued JORC, then you can value based on the resource value they hold OR a company that has a track record of profitability (and future intended growth trend) to give PE ratio.
all the rest are speculative assessments.
time will tell....
MEJ Price at posting:
7.4¢ Sentiment: None Disclosure: Not Held
