Well they are burning circa $650K per quarter on "wages" alone.
Maybe hope that TK announces on the call tomorrow that executed wages are on hold until success?
But yes I agree - that results will determine valuation -
unfortunately results are > 12 months away now.
Fair value today is not 7 cents.
Have a look at any peers in clinical trials - let alone those with failed trials.
And an APP and methodology which is obviously flawed for general consumer use, which is essentially 99% of its target market.
Time to cut losses as Furniture said.
- Forums
- ASX - By Stock
- The Real Issue vs The Real Value
Well they are burning circa $650K per quarter on "wages" alone....
-
-
- There are more pages in this discussion • 55 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RAP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online