Nickel6 Jun 2019 13:39
Okay, so let’s go back to basics:
You are a car salesman, you have 100 cars at £10,000 each. So you could value your stock at £1,000,000. But these cars also cost £2,000 to make so your profit per car is £8,000. Total potential profit is £800,000
Bidstack have a product that you can’t see or touch, but this doesn’t mean it’s valued at £0. This will cost the same amount of money to provide the product to 1 person as it will to 1,000 people. That is scaleability, that is potential and that is why this share price is soaring. Bidstack are currently in a market which is growing and are in America at E3! I am happy with my holding and will sit tight as good news and contracts start flowing in. Who cares about last years financials they are now irrelevant as this business has grown tenfold since then.
If after this you still argue the same point then I’m afraid to say there is no hope for you, you’ll forever be a dinosaur in this investing section.