PHI 0.00% $12.70 phileo australia limited

im an idiot and I have a question. How the hell is it that this...

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  1. 6,881 Posts.
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    im an idiot and I have a question.

    How the hell is it that this company has not made a profit in many yrs, its EPS have been MINUS for the last 4yrs , it has a lousy dividend, the only "good" think I see is the number if shares on issue has been the same for the 10yrs or so, so no dilution, yet the stock is at a 10yr HIGH.
    Am I missing something here?
 
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