I didn't say it NEEDED to be, I was just using an example of a number that was convenient.
The fact you don't understand context doesn't mean things don't make sense. I do appreciate the cents pun.
@webbby - I know the market cap, but revenue doesn't equal profit, and you want it to grow. To meet the revenue of justifying the market cap is a lot lower, but we don't even know margins yet so really it's all up in the air.
Just for a reference though, I was wondering how many iphones apple must have to sell to make their money and it's 212million per year. Which is absolutely insane to think about. 212 million iphones were bought last year alone. 1.76 million in Australia.
I definitely think Europe and then North america must be thought about for this company, to get the growth needed to really make this product work.
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2.9¢ |
Change
-0.002(6.45%) |
Mkt cap ! $13.83M |
Open | High | Low | Value | Volume |
3.1¢ | 3.1¢ | 2.7¢ | $14.90K | 522.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 200000 | 2.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.1¢ | 30000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 200000 | 0.028 |
2 | 48239 | 0.027 |
1 | 384615 | 0.026 |
1 | 380000 | 0.025 |
1 | 250000 | 0.024 |
Price($) | Vol. | No. |
---|---|---|
0.031 | 30000 | 1 |
0.034 | 339082 | 1 |
0.035 | 298917 | 3 |
0.036 | 513291 | 2 |
0.037 | 652681 | 3 |
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