VR1 0.00% 0.8¢ vection technologies ltd

WTF you on about? Predicted revenue this quarter is $1.3mn says...

  1. 1,294 Posts.
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    WTF you on about? Predicted revenue this quarter is $1.3mn says who? The announcement said they’ve already secured contracts worth $1.3mn. Nowhere it said it is revenue to be banked.

    The revenue this quarter could be NIL, and I’d still say we’re growing the business. Do you know how tech companies are valued? Nobody gives 2 flying Fs about revenue generation in the early growth phase. It is about laying strong foundations for growth. Revenues and profits will come when they do. Investment thesis here is not revenue or profits. It is the potential to be a global leader in this space and a preferred vendor for consulting companies and hardware providers.

    God some of you on here should not be anywhere near speculative stocks!!! Just stick to your value and growth stocks.l, please!
    Last edited by TechSpec00: 10/03/21
 
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