You can't base tech stock on revenue used to calculated the P/E ratio, a huge majority of the MC is based on their IP and patent, look at the tech stock that was making or even losing money, other big tech stock buy these company for the IP to integrate into their own product or expand their market in the IT industry.
Right now it looks like it will start an uptrend but probably to only 3.3c (i.e. the SPP price, how ironic will that be.......)
You can't base tech stock on revenue used to calculated the P/E...
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Last
5.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.003M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 118148 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.9¢ | 75000 | 1 |
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| Last trade - 16.12pm 08/05/2024 (20 minute delay) ? |
| OAK (ASX) Chart |
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