KYP 0.00% 9.5¢ kinatico ltd

V interesting - I'm still on the sidelines until more data, but...

  1. 252 Posts.
    V interesting - I'm still on the sidelines until more data, but no denying sentiment is there. My reading is that the current price puts this company at a market cap of $75million. For a company with less than $10 million cash in the bank and sales revenue projected at less than $10 million (even on extreme optimistic forecasts) and negative cash flow from operations, the share price performance is remarkable (IMHO). Their growth in expenditure is outpacing growth in revenue (as expected when trying to build their business) so it seems early days to have such a push to such a price. I guess people are really betting on the growth turning this around to profitablility sooner rather than later.

    I hope the confidence in the stock runs true and is rewarded! One thing I do like is they intend keeping the market updated on sales early on. Will be watching how this plays out. Good luck.
 
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Change
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Mkt cap ! $41.19M
Open High Low Value Volume
9.8¢ 9.8¢ 9.5¢ $8.128K 85.23K

Buyers (Bids)

No. Vol. Price($)
1 378721 9.5¢
 

Sellers (Offers)

Price($) Vol. No.
9.8¢ 33693 2
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Last trade - 15.59pm 28/06/2024 (20 minute delay) ?
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