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0.6¢ aumake limited.

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towkay

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29/11/17

17:21

Post #: 29225909
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Originally posted by Tazzahazza ↑

Yeah it is definitely questionable when looking at it comparitively, but if they’re able to capture even just 1% of the current 10 billion being spent by tourists that’s $100mil in revenue. If this 10billion spent by tourists triples as the volume of tourists is expected to by 2020(refer to article I linked previously), this could be 300million in revenue with only a 1% market share. If they can become a market leader for tourist sales then I’m sure a market share of 1% and greater is achievable. Which would suggest revenues of > $300mill a year.
Then it just comes down to how much of this is profit. Currently their profits are crap on their amount of revenue ... but imo it is possible that as they scale up and get greater supply chain agreements they can increase profit margins then profits could increase even more.

But yeh, atm market cap is not logically justifiable at all off current profit figures. But if you consider it simply as a high PE for what investors are expecting in the future it seems to look slightly more logical.

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a good stock to watch. I'll be in when proof of revenue and profit show up to be solid. At the moment, it is governed by hype. SP will settle to realistic level sooner or later.

AU8 Price at posting: 50.5¢ Sentiment: Hold Disclosure: Not Held
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(20min delay)
Last 0.6¢		Change 0.001(10.0%)		Mkt cap ! $13.56M

Open	High	Low	Value	Volume
0.5¢	0.6¢	0.5¢	$6.793K	1.236M

Buyers (Bids)

No.	Vol.	Price($)
21	12051317	0.5¢

Sellers (Offers)

Price($)	Vol.	No.
0.6¢	7167055	4

View Market Depth

No.	Vol.	Price($)
21	12051317	0.005
9	5431111	0.004
5	8966685	0.003
15	9450231	0.002
11	64240049	0.001

Price($)	Vol.	No.
0.006	7166366	4
0.007	14439108	12
0.008	11007832	14
0.009	11601031	9
0.010	8800983	6

Last trade - 10.35am 11/11/2024 (20 minute delay)

AUK (ASX) Chart

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