H1F15 Report, page-270

Gee, I've been hit today. Down 2%! Lol

Anyway, repost with a genuine attempt to remove flaming??! Baiting?!?

Qqqq stated:

"Do you honestly expect the market to give mbe a market capitalisation of over $63m with a $1.54m half yearly profit."

Why not?

Companies, say like NRT for example, earn nothing and have been burning cash for over two decades and are sitting on a market cap of $35 million. In fact, if you give the same PE multiple as the average bio stock, then it should be $120 million easily. Plus, start up growth is more important, not the initial profit amounts.

The millions will roll in once the operation continues... That's common business knowledge.

Most people know this.

IMO, DYOR, IMO, blah, blah, blah. Lol

;-)


BEWARE: Some people offer advice for their own trading positions... Look out for the snakes in the grass.