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50.0% 3.0¢ spacetalk ltd

mwr secures jbhifi for christmas, page-304

  1. fs0010
    551 Posts.
    lightbulb Created with Sketch. 19
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    06/12/18
    11:29
    Post #: 36769512
    Not even 25,000 sales can justify a market cap of $50M. What's the gross margin on these watches? 20%? 30%? Rest of the cash will have to be used on the competition treadmill to keep up to date. It may be a great product, but the shares looks overpriced at $4.
    MWR Price at posting: $4.21 Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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