The market got ahead of itself hence the drop from $1 to the...

  1. GC8
    1,890 Posts.
    lightbulb Created with Sketch. 3
    The market got ahead of itself hence the drop from $1 to the current SP of 40c. We are now in the value area with the current SP being approx 4 x sales or (4 x P/S). Also their margins are increasing and will improve further as the business in scaled (greater market share %).
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.