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re: Penny stock gambling: anyone with $SONG eagerly waiting for Monday morning?
Posted on 2/26/24 at 10:48 am to LSUneaux
Posted on 2/26/24 at 10:48 am to LSUneaux
Earnings per share: $0.057
Book value per share: $0.062
Revenue: $1 billion
Net profit: $46 million
Outstanding shares: reduced to 802 million
Book value per share: $0.062
Revenue: $1 billion
Net profit: $46 million
Outstanding shares: reduced to 802 million
This post was edited on 2/26/24 at 10:51 am
Posted on 2/26/24 at 11:37 am to LSUneaux
quote:
Earnings per share: $0.057 Book value per share: $0.062 Revenue: $1 billion Net profit: $46 million Outstanding shares: reduced to 802 million
And yet they have $415 in the bank. Not thousands, $415 even.
They’re booking royalties as revenue even though they’ve had effectively 0% actual success in getting those royalties collected.
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