This is a growth stock.
Dividend paying = a company has saturated in earnings and there is a strong cash pile that cannot be spend anywhere so goes to dividends.
If this company keeps growing the rate it does it still will take at least 5 years before we see a single cent of dividends. It sounds funny when you have a few billion valuation doing 9 figure revenue to say early stage company but this is what it is. Early stage blockchain NFT pioneer. Investors who are investing now are seeing the opportunity for compounded growth.
I will be eyeing the actual realised figures this year and do a simple compound of that for 2022 and 2023 to reverse engineer a price target that I would personally expect to see and make an informed exit or hold from there.
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This is a growth stock. Dividend paying = a company has...
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