I know it's a provocative title but hear me out.
Normally high growth companies trade at high valuations, and if they don't meet expectations they fall in price. this company not only trades at a very high price (EV/EBIT is like 150x) but if it doesn't grow rapidly it will just go bust. I haven't seen so much debt leaded into such a small company since Seven west bought of the Seven network. Also anyone have any thoughts on why it is acceptable to loan over 1M to a director to buy shares????? Like for a company this size it's pretty sketchy. Also why does this company deal in options and derivative contracts?
how is this company anything but a gamble
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Last
18.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.77M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7601 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 98164 | 1 |
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| Last trade - 19.00pm 25/04/2024 (20 minute delay) ? |
| MKT (ASX) Chart |
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