BIG 0.00% $2.22 big un limited

Most wouldn't value such a new company on merits of EBIT....

  1. 257 Posts.
    lightbulb Created with Sketch. 28
    Most wouldn't value such a new company on merits of EBIT.

    Shopify hasn't turned a profit it's SP is 130

    I think total earnings per annum is a better indication, and also overall expansion and uptake of the product. If those are growing and the company is healthy I feel that you can then value the business at a later date with EPS.

    People get so caught up in EPS I would rather them invest all their profits into growth instead of claiming and paying tax. They can do that in their later years.

    For a company to grow exceptionally fast they need money and BIG has legit thought of a fantastic way to create ongoing capital without to much overwhelming debt.

    Issue shares for services rendered, now they need to disclose this better.

    Let me ask all holders a question, if BIG was to increase their market cap to 3billion this year but to do that they issued 70m more shares for services rendered. (assuming everything aboveboard) Would that be an issue and why??
 
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