I'm getting rather confused by all the valuations being put forward, based on projected revenue. Revenue is not profit and according to Lefevre, in his excellent post #24572571, Richard has predicted that we will be profitable by H1 in 2019. The P/E ratios being suggested on this forum seem to be based on revenue, not earnings. Any comments on this ........
I'm getting rather confused by all the valuations being put...
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $129.7M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.8¢ | 12.0¢ | $11.20K | 93.22K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 200663 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 31271 | 1 |
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| FLC (ASX) Chart |