I think the ceo is trying to build scale by investing in people tech and marketing. For a capital intense business this is usually capex on the cash flow and not on the profit and loss statement. For a tech company to grow rapidly it's going to lower its margins. I think I'm ok with this for now if they can grow the top line at 20% p.a without profit going backwards. Maybe a PE ratio isn't the most appropriate metric given the strategy ?
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Last
$2.20 |
Change
0.020(0.92%) |
Mkt cap ! $529.7M |
Open | High | Low | Value | Volume |
$2.19 | $2.21 | $2.16 | $2.470M | 1.123M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 8810 | $2.16 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.20 | 11654 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 2.160 |
3 | 6267 | 2.150 |
2 | 2494 | 2.020 |
1 | 600 | 1.995 |
1 | 20000 | 1.980 |
Price($) | Vol. | No. |
---|---|---|
2.230 | 40000 | 1 |
2.240 | 20000 | 1 |
2.250 | 31839 | 4 |
2.260 | 30000 | 1 |
2.270 | 20000 | 1 |
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