Question, from an unbiased partyPurely out of curiosity, and a modicum of intrigue.
Cielo has 660 million shares outstanding, fully diluted.
Its P/E ratio is -28.8.
Its recently twice delayed numbers involved a reduction of 2019 and 2020 revenues to three thousand dollars.
2021 revenues were $4,200.
Its trading at 68 times book value.
It has $2.11 in debt for every dollar in equity.
Its return on assets is -36.26%.
Its return on equity is -$167.97%
It has a working capital deficit of -$700,000.
It lost $39.7 million last year.
At the close today it was cap'd at $442 million.
I'm sure you probably brought in more than $4200 last year, and you probably didn't lose forty million dollars, and the chances are good you aren't worth $442 million.
You wouldn't be reading this.
Why does anybody here own this?
There must be something I don't know.
There must be a lot I don't know.
It seems very likely to me you'd probably be better off investing in yourselves.