Let me ask a simple question and it also explains why the SP is 34 cents.
If you are a Wall Street banker, would you currently buy a stock with a hopeful PE ratio of 60, meaning a yield of 1.66% or buy a ten year US bond with a yield of 4.6%
No, you would buy a money-making stock with a PE of less than 25 or put the money in the bank or bonds. Thats why all pre revenue companies have been hammered over the last year and NMT is no different
It was a good interview
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