Etrade was acquired by Morgan Stanley for $13billion in 2020 given the etrade 2019 revenue was only $188m (https://www.annualreports.com/HostedData/AnnualReports/PDF/NASDAQ_ETFC_2019.pdf) That is a 69x.
Selfwealth revenue is on track to pass $20m this FY but the market cap is just ~$120m, which is only 6x.
From the revenue growth rate (>20% compared to 3 months ago), customer growth rate, earning growth rate...this stock is siginificantly undervalued. External research most conservative valuation at 71c and I believe it should value over $1.
However, today news did not ignite the share price but instead there are double more sellers than buyers
Am I missing something?
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Etrade was acquired by Morgan Stanley for $13billion in 2020...
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Last
12.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.24M |
Open | High | Low | Value | Volume |
12.0¢ | 13.0¢ | 12.0¢ | $28.87K | 231.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 314999 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 98611 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 314999 | 0.120 |
2 | 158001 | 0.115 |
3 | 418818 | 0.110 |
1 | 2 | 0.105 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 98611 | 1 |
0.130 | 179669 | 5 |
0.135 | 400776 | 8 |
0.140 | 539664 | 8 |
0.145 | 204000 | 6 |
Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
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