Poor sods that bought this at IPO.
All based on hope that it will one day make profits, because "oh margins are so high".
Get real, margins don't make a business. Understanding how to leverage on currently available assets and scaling up does. This company's outgoings are ridiculously high, ROA is stupidly miniscule.
- Forums
- ASX - By Stock
- SRF
- dumb money
dumb money, page-51
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SRF (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online