2 things come to mind. 1) They obviously think the VA is higher probability than you do. 2) you need a network before you can gain traction with referrals & before your marketing $$ can be effective. They had issues growing the network in Aus but that looks to be gaining traction now. The network in US is still too small - it will take time & $$ to build that too.
I'm most happy about the Imbio purchase as i think it has derisked the whole scenario to an extent. With the growth trajectory & breakeven expected this year, in just a few years time that business alone will justify the current market cap so all the other possibilities are upside
Research, page-2427
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Last
52.0¢ |
Change
0.005(0.97%) |
Mkt cap ! $211.4M | |||
| Open | High | Low | Value | Volume |
| 52.0¢ | 52.0¢ | 51.0¢ | $33.08K | 64.17K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 260 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 4863 | 1 |
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| Last trade - 10.19am 29/07/2024 (20 minute delay) ? |
| 4DX (ASX) Chart |