Spot on!
He doesn't understand basic maths, and yet portrays being some kind of accountant. If a business continues to make a loss, they don't continue to trade, this isn't the Fed reserve, you can't just keep printing more money. It's kindy maths, don't need a doctorate to see it's a bad trade.
Valuation vs Price, page-153
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 (20min delay)
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Last
$98.36 |
Change
2.980(3.12%) |
Mkt cap ! $4.255B | |||
| Open | High | Low | Value | Volume |
| $97.88 | $98.61 | $97.48 | $20.70M | 210.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 599 | $98.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $98.40 | 1290 | 1 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| SQ2 (ASX) Chart |