Isn't it the case with most of these new age so called 'tech stocks' that very few of them are cash flow positive, they are nearly all built on potential growth and revenue calculations, even the huge ones.
I can't remember any specific companies but it was in an article I read, a fair while ago, which encouraged me to buy into VR1.
Apart from this CR fiasco Vection appears to be developing fairly well with some cash already coming in.
" Individual sales composing the full year 2022 TCV are expected to complete with varying dates by the end of March 2022, in addition to subscription and maintenance packages to be invoiced during the current fiscal year with varying dates and payment terms."
Isn't it the case with most of these new age so called 'tech...
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2.1¢ |
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Mkt cap ! $23.65M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 2.1¢ | $1.753K | 83.49K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 384876 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 1229473 | 9 |
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| VR1 (ASX) Chart |