The thing I dont understand about JUM is, it has a market cap higher than TOX.
Yes it used to be a basketcase once upon a time too, but in the few years it has been profitable, its profit this year was only $431,000.
TOX have managed to turn around unprofitable operations into a six month profit of $1.4million.
Therefore if any company is going to be valued more significantly than the other, it should be TOX.
They should be trading at a much higher p/e ratio given how quickly they have turned things around and the quantity of profits they are producing.
JUM's profits are growing at snail's pace so I dont understand why their PE ratio is significantly higher than TOX.
As they say, the market usually gets itself right in the long run.
Cheers
The thing I dont understand about JUM is, it has a market cap...
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