InvestorsHub Logo
Followers 39
Posts 1695
Boards Moderated 0
Alias Born 03/10/2010

Re: Caveman04 post# 96500

Monday, 10/07/2019 1:42:32 PM

Monday, October 07, 2019 1:42:32 PM

Post# of 138741
Revenue growth is the key to making that happen, not just assets. Getting off the OTC too early can be catastrophic. Look at VERB; CEO sold the farm to get to NASDAQ without appropriate revenues to support it and longs have paid a heavy price and may never recover. Here at $AXXA, it looks like "the market" wants to see revenues growing at a quicker pace to support a sustainable trading range anywhere near the true book value.

Revenues are growing and its fantastic! But we're in the "growing pains" phase because one can expect there to be a lag from the time of asset acquisition to the time of optimal asset performance. Quarterly asset efficiency (revenue over average assets for the period) has been trending down the last two quarters since so many acquisitions have closed. Again, this is expected and easy to see. But when the trend levels out or starts breaking upward - watch out! I think this thing could race up to book value pretty quick.