No doubt you are correct and please realise I am happy to be corrected.
I did a quick little commsec iress calculation at a whim which of course is never accurate, however again I think we have both illustrated our points when based on market caps of peers.
Good stories like this don't stay cheap for long folks.
The comparison to 1pg is a fair one imo.
If you were looking to invest in a cloud disruptive business would you invest in a business with a market cap of $25 mill, that could potentially be cashflow positive next quarter with annualised revenues of $2 mill + as we stand, or a business worth 400mill + market cap where revenues annualised according to the most recent report are about $1 mill per annum?
Think we all know the answer. What an opportunity.
No doubt you are correct and please realise I am happy to be...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)