It looks cheap enough that they paid $US 1.5 million for a company with annual sales of $US 4.0 million ... a low P/S ratio ...
... but what's the other $ 1.5 million for ? ... they raised $ 3.0 million ...
We're getting " diluted " by these stock issues ... but on the other hand , institutions seem very happy to take a position in Ellex ...
... I reckon we can have a Merry Christmas , and look forward with optimism into the New Year ...
ellex acquisition company inc, page-10
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Last
26.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $60.63M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 26.5¢ | 26.5¢ | $4.725K | 17.83K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 150044 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 37749 | 5 |
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| Last trade - 10.02am 10/07/2024 (20 minute delay) ? |
| EYE (ASX) Chart |