RE: Grossly overvalued as validated by the recent results23 Sep 2019 11:49
There is no such thing as one size fits all. To measure by NAV alone is flawed. The USP of this stock is that it is a moat stock with so many contracts signed. The company has stated they are moving towards a subscription model and have a rich calendar of events planned. The marketing director Nikki Lambert joined from Spotify. It's clear where the strategy is going but Rome wasn't built in a day. Once a subscription based events calendar is announced comprising the likes of One Direction, Rihanna, Adele etc is announced, the revenue will take off.