Geez . You really must know your stuff.. Did you read the prospectus they have already flagged a loss for next financial year and still all the Funds came and invested ( you most likely will own some via super fund as they will have to buy to get to index by years out)
Tyro have made it clear the strategy . Invest back in the company and profit 2021 . Remember this company is only based in Australia so if can get traction on a global scale share price will be double today's close .
So you going to back against the largest shareholder that this company is not going anywhere .
Mike cannon Brookes has a proven track record hence he is 4 or 5 richest person in Australia so if his involved I am happy to stay .
Remember every existing shareholder could have sold into the IPO @2.75 ( like Tiger Capital sold part of posy) and he decided to keep all his holding .
We are not buying the company on its profit/loss today we are buying what we see it will be n the future .
The company below also does not make a profit did you say the same when it listed @ $17 7 years ago and is now trading $350
Tesla Market Cap:59.96B for Dec. 5, 2019View 4,000+ financial data types
Good Luck and DYOR
Geez . You really must know your stuff.. Did you read the...
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$1.01 |
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Mkt cap ! $530.3M | |||
| Open | High | Low | Value | Volume |
| $1.04 | $1.06 | $1.01 | $2.167M | 2.107M |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 13454 | $1.01 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.02 | 25000 | 1 |
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