Great points. Whether that is enough to warrant the MC being so high is up to the market I guess. I believe the market will continue to bring it back to a more modest valuation, but i could be completely wrong.
That said, if you truly are a long term holder, i wouldnt stress. Regardless of what the price does after the CR, it remains a strong industry to be in and it looks likely to be a profitable company. I just think the sector as a whole got a bit silly and traditional valuations went out the window. Just my opinion though
Great points. Whether that is enough to warrant the MC being so...
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Last
2.7¢ |
Change
-0.001(3.57%) |
Mkt cap ! $277.9M | |||
| Open | High | Low | Value | Volume |
| 2.7¢ | 2.8¢ | 2.7¢ | $246.3K | 9.096M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 2273103 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.8¢ | 3142225 | 8 |
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