EYE 1.15% 21.5¢ nova eye medical limited

The funny thing is that if 2RT were listed on its own, the...

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    The funny thing is that if 2RT were listed on its own, the valuation would probably be much larger than Nova Eye's valuation today. The market has a way of getting imaginative pricing in all the "potential" when the company isn't making money, but as soon as it does start making money it applies a simple multiple to revenue/earnings and completely ignores the pipeline (which is why I really love investing in medical companies currently generating decent revenue, but with a very large pipeline not being priced in at all)
 
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Last trade - 16.10pm 13/06/2024 (20 minute delay) ?
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