BIG burrendong minerals limited - withdrawn

It amazes me how US based companies get to such a high valuation...

Currently unlisted. Proposed listing date: WITHDRAWN
  1. 7,057 Posts.
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    It amazes me how US based companies get to such a high valuation with virtually nil revenue while BIG has over $50 mil annualised revenue and growing yet it is valued less than these companies. One example was 1PG, it went to $800 mil mc before crashing into administration. UPD has what, $500k revenue for 6 months to June 2017 and valued at nearly $700 mil. Crazy.
 
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Currently unlisted public company.

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