NRR 0.00% 5.6¢ naracoota resources limited

$5m revenue means nothing to me when they don't mention anything...

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  1. 1,017 Posts.
    $5m revenue means nothing to me when they don't mention anything regarding expenses. No (NPAT) means there's no way to value it. All we have is two very high salary figures I think? And no growth model to speak of other than some dreamy arbitrary market figures. So the MC sounds expensive to me.

    Video didn't blow my mind either.

    Good luck to holders though, hope it's better than I think it is If they start to gain momentum with new clients it could be awesome. They just need to tell the market why they listed, and how listing is going to help grow the business. At the moment I see the listing helping Paterson's and that's about it.
 
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Currently unlisted public company.

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