what am i missing here?

  1. 955 Posts.
    lightbulb Created with Sketch. 132
    Can someone please tell me what I am missing:

    The company is earning about 90 million NZD annually in sales only (not profit) and remains cash flow negative, yet has a market cap of about 3.5 billion NZD?

    They are no doubt innovative, but risk others catching up or encroaching their space.

    How can the current share price be justified on any grounds?
 
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(20min delay)
Last
$160.30
Change
-0.940(0.58%)
Mkt cap ! $26.51B
Open High Low Value Volume
$161.97 $162.35 $158.88 $43.91M 274.2K

Buyers (Bids)

No. Vol. Price($)
1 62 $160.10
 

Sellers (Offers)

Price($) Vol. No.
$160.50 150 1
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Last trade - 16.10pm 16/09/2025 (20 minute delay) ?
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