Revenues are still quite low to really know how this business is performing. They are spending money on getting traffic to their website , how much of that traffic is being converted to revenue and customer return is unknown at this stage . The current valuation is pricing in a lot of success going forward imo. A retracement towards 30c is more possible than getting to 60c . $53M fully diluted valuation ( includes escrowed shares and performance shares and rights) at the current 38.5c
Will we hit 60c today, page-250
-
- There are more pages in this discussion • 42 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
