Well, the shorters only argument is that the business will never make money ever again. This is despite 5 proven years building a profitable, growing company. Yes, it doesn't make huge amounts of money yet, but it actually makes money and is only trading at approx 1 years revenue and presently has about 10% of it's market cap in cash. No cap raises, no dilution for shareholders. So while I could be wrong and the business will fold, I think there's still a lot to like about the business.
Well, the shorters only argument is that the business will never...
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Last
$1.85 |
Change
-0.075(3.91%) |
Mkt cap ! $703.3M | |||
| Open | High | Low | Value | Volume |
| $1.92 | $1.92 | $1.79 | $7.809M | 4.222M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 19789 | $1.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.86 | 506 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| CTT (ASX) Chart |