K2F 0.00% 18.5¢ k2fly limited

Don’t get me wrong. I’d love 30 cents but we should also not...

  1. 41 Posts.
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    Don’t get me wrong. I’d love 30 cents but we should also not shoot ourselves in the foot here. When you say a more palatable P/E , you do release this is a loss making business.? The E is currently negative.

    And if we’re talking about EV / ARR the price is 4x which is about market standard at the moment.

    I would love a higher offer but in the absence of that you would have to be crazy to vote ‘no’ in my opinion. We will be back to around 10 cents in the blink of an eye as ASX has proven for almost 7 years there is no real interest in holding a fair valuation for a business like K2F.
 
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No. Vol. Price($)
4 1664214 18.5¢
 

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Price($) Vol. No.
19.0¢ 1139236 11
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