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Re: Scratchgolf post# 76510

Monday, 06/24/2024 3:10:22 PM

Monday, June 24, 2024 3:10:22 PM

Post# of 76615
Yup, very true... happiness is a relative scale.

A company with $5M in revenues with a market cap of $6M (at a share price of 0.0002), seems about right . It would have to grow to $9M to get to 0.003 and $31M to get to 0.001. A share buy back (which they said they wont do) at rock bottom prices of .0001-.0002 would get more bang for the buck with regards to market cap. It would never get much cheaper than this to reduce the bloated O/S.

Another way to value them would require positive Earnings (after all expenses) which would allow for a P/E multiple to be applied. Increasing revenues by itself is not enough. Need to reduce overall expenses (relative to increasing revenues) which should come with volume efficiencies, to get real Earnings.

Right now, market sentiment looks like too many are skeptical and are offering their bot 1s for 2s. Until they get out, sentiment changes, and/or OS get reduced, we'll be in this low price limbo.

On a positive note, when this thing goes, for many, this will fall under Looonnnngggg Term capital gains...
Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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