Just be carefull with these Internet, Dot Com, Tech
Type Companies.
Most have been bleeding shareholders for funds for years
and at the end of the day there is no real Nett Profits.
I'm not saying in MULS case as such, but in general with
Tech Stocks.
Mul has 763m shares on issue for a cap of 52Million at
6.8C todays close. so in essence on a PE of 10
mul needs a nett profit PA of $5.2 Million dollars to
warrant it's capital value atleat.
Rgds,mode.
- Forums
- ASX - By Stock
- i think i have been suckered
MUL
multiemedia limited
Just be carefull with these Internet, Dot Com, TechType...
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