E2E 0.00% 0.1¢ eon nrg limited

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  1. 2,986 Posts.
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    I am having a lot of trouble understanding why this is currently at 4.8 mill market cap when the company is receiving nearly a mill a month (yes a month) of revenue. looks like about 600 k of costs a month (based on last quarterly) so its 400k profit a month.

    It basically has a multiple of 1.2.

    And has 2 mill in the bank as at last quarterly.

    What am I missing?

    It seems to good to be true
 
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Currently unlisted public company.

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