Ah love it !
Actually a share price has nothing to do with anything - it could be $0.02 it could be $20.00 a share. The key is the share price X shares on issue = market cap. and then its revenue/earnings/growth profile and ability to scale.
That stock you refer to trades on less than 2X FY19 revenue when all the US and European peers trade at circa >6-8X plus. Speaking of a company that will be acquired at nice number versus its current value, look no further
Trust me I'm comfortable with that position
up 10%, page-31
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Last
61.0¢ |
Change
0.005(0.83%) |
Mkt cap ! $138.3M | |||
| Open | High | Low | Value | Volume |
| 61.0¢ | 62.5¢ | 61.0¢ | $12.71K | 20.82K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11612 | 61.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 63.5¢ | 32132 | 1 |
View Market Depth
| Last trade - 13.09pm 28/10/2024 (20 minute delay) ? |
| GSS (ASX) Chart |