By the end of the month DOC will have confirmed they have become cash flow positive for the quarter. Along with that, DOC will report solid growth in consultations - another quarterly record.
DOC will not need any more capital to sustain itself and have money spare for various growth initiatives.
Yet, the market cap will remain roughly a quarter of annualized revenue.
The amount of spud small caps on the ASX which will never become financially sustainable and which have markets caps far in excess of DOC amazes me.
Fundamentals always win out in the long term
Confirmation of breakeven
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 (20min delay)
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Last
6.0¢ |
Change
-0.002(3.23%) |
Mkt cap ! $21.99M | |||
| Open | High | Low | Value | Volume |
| 6.2¢ | 6.2¢ | 6.0¢ | $14.90K | 243.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 272500 | 6.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.4¢ | 92273 | 2 |
View Market Depth
| Last trade - 12.42pm 03/05/2024 (20 minute delay) ? |
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Last
6.2¢ |
Change
-0.002 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 6.1¢ | 6.2¢ | 6.1¢ | 28314 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| DOC (ASX) Chart |