I love looking at some of the valuations put on iot companies on the Nasdaq tableau and splunk turnover roughly
$aud 700 m and are valued at close to $aud 12 billion each,we never seem to get even close to those multiples on the asx,
But wait a minute if the stock is asx listed but is based in the USA maybe those multiples can apply ,look at 1 page
Turnover maybe $1 m , market cap $300 m now that's an even better multiple than the Nasdaq
Remember buddy is a mechanism for getting data into a structure and medium that splunk and tableau e.t.c can go to work with.
POK Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held