This type of company also can go IPO still want to venture overseas
#4

There si a lot of hype pumping like calling itself a "propeprty tech" company. It is just a simple platform for people tk sell homes.

3 numbers....
Market cap is $78M revenues is only $3.8M and company loses $1.6M.

You have to be really small to generate only $3.8M in the propeprty business. This like the earnings of just one top sales person jn Propnex or ERA.

It make no sense for company to IPO at this stage if any of the founders claim about growth and expansion is true.

[Image: W4hvje1.jpg]

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
Reply



Forum Jump:


Users browsing this thread: 3 Guest(s)