EnWave Completes Acquisition of 86.5% Controlling Interest in Hans Binder Maschinenbau GmbH
Why is the company worth 90 million when zero revenue is being made? So if i start my own paper route and list it on the venture i can N.R with business's yet i dont need any revenue?
So microsoft doesnt need to make revenue to be $600 a share?
Im very confused on how companies can be worth so much when no profit is being made.
If i get several letter of intents for my new paper route will this mean i can give 625,000 options even though i dont make much money or zero? Hmmm makes me wonder how a company can be worth so much for making so little.
The Company has granted an aggregate of 625,000 stock options to the managing directors and to a shareholder of Binder pursuant to the Company's Share Option Plan (the "Plan"). Each stock option entitles its holder to purchase one common share of the Company at an exercise price of $1.32 per common share until October 26, 2017. The options will vest in accordance to provisions set out in the Plan, or as otherwise required by the TSX Venture Exchange. The grant is subject to regulatory approval