Amazon had around a 500 M market cap back in 1997 took around 7 years to break even now market cap around 500 B (not M)
Returns down the track are fine although really comes down to the potential size of those returns and how long it takes to get there.
Here is a chart I did showing current $24M a year sales and first column shows 26% growth per year based on the 6 % increase per quarter in sales ( compounded ) and the following columns at different annual sales growth . At 100% growth sales after 15 years AJX would be approaching what Amazon will do this year around 400 billion , yes unrealistic for AJX I know .
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Last
0.9¢ |
Change
0.001(12.5%) |
Mkt cap ! $14.05M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.9¢ | $2.503K | 278.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 499500 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 180041 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 499500 | 0.008 |
4 | 3435070 | 0.007 |
3 | 414667 | 0.006 |
1 | 300000 | 0.005 |
1 | 3333666 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 180041 | 1 |
0.010 | 575413 | 3 |
0.011 | 557000 | 2 |
0.013 | 240000 | 1 |
0.014 | 134311 | 1 |
Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
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