Agreed. Plenty of companies on the ASX that sit around the $200m MC pre-revenue. FBR is the first one that comes to mind (I personally think they are way overvalued).
What definitely hasn't helped the situation has been the massive offload last week as well. Many have probably taken a cautious approach until we see a quarterly and you can't really blame them. Many new would investors would have jumped on the bandwagon at 10cents+.
Would be very good news to see $2m in revenue this quarter. Thoughts/discussions on a realistic revenue target for the June quarter?
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Agreed. Plenty of companies on the ASX that sit around the $200m...
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