haha,
True.But it is more painful to lose money.
If we assume that current finncl yr revenue will be 4oo million and
apply even meagre multiple of 1.8 to revenue rather than 3-7 multiple
then also stock got to sell above 10 dollars.
Obviously market know a lot more than U AND ME know or market has no trust in this company/gang leading it.
or it is still carrying the blackmarks/fear of the past.
What MYX chart shouts, page-177
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Last
$4.50 |
Change
-0.020(0.44%) |
Mkt cap ! $382.8M | |||
| Open | High | Low | Value | Volume |
| $4.44 | $4.55 | $4.43 | $397.2K | 88.30K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 429 | $4.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.52 | 2113 | 2 |
View Market Depth
| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| MYX (ASX) Chart |