one assumption underlying your comment is to assume that they could grow later on at a pace equivalent to zip etc.
this sector is quite crowded at the moment. FXL is quite behind already. I doubt they are able to catch the train.
ride sharing is another good example. Moat for this kind of business is low hence scaling is very important.
i was a long term shareholder for FXL and i sold FXL not long ago at $1.46. im glad i have done that...
Dog of the year., page-13
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Last
85.0¢ |
Change
0.005(0.59%) |
Mkt cap ! $417.9M | |||
| Open | High | Low | Value | Volume |
| 85.5¢ | 88.0¢ | 85.0¢ | $1.186M | 1.378M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10170 | 84.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 85.0¢ | 5000 | 1 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| HUM (ASX) Chart |