Hi Saucy - I agree, I'd usually be more comfortable with those metrics as well for established businesses.
However, none of the other companies are making profits yet and many are just trying to get established.
That's what makes it hard and fun, as everyone has their own take on where things are at and could be headed.
For now sentiment has softened for VOR and some of the others, but nothing too dramatic.
Despite the following updates in the last few days, the SP didn't do much for any of these companies:
- AR9 had a decent contract win with the Dept of Defence
- TNT stated they hoped to achieve a $100m run rate by December via organic and inorganic means.
- And after years in the wilderness is SEN starting to look better with a couple of announcements?
Perhaps a month ago those types of announcements may have had greater impact.
Anyway, lets see how VOR goes with its 22c inflection point.
