Exactly. If they continue that quarter-on-quarter revenue growth, regular quarterly profits won't be far off, and the SP will take care of itself -- no matter what sharetraders / shorters do each trading day.
Those stressing about the SP dipping to 90 cents should probably look for something less volatile (Woolworths, term deposits, etc). Looking at the big picture, reported revenue has gone from $4.5 million in FY 2017 to $62 million in FY 2020. I'm happy to hold my 15,000 shares to see what another 3 years will bring.
Exactly. If they continue that quarter-on-quarter revenue...
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Last
12.3¢ |
Change
-0.008(5.77%) |
Mkt cap ! $109.2M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.3¢ | $39.26K | 315.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 47 | 1529878 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 191568 | 14 |
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| Last trade - 14.32pm 22/08/2024 (20 minute delay) ? |
| BUB (ASX) Chart |