Who needs heavy debt when you can talk about: "Driving towards a long term milestone of $1 billion in sales"?
I usually hate these kind of statements. However, as an occasional Redbubble customer - as well as an investor - and tracking the company's progress over recent years, I do take note of this statement [however outrageously big the $1billion figure and vague the term "long term" might be].
I also usually take little note of "sales", as it is profits or dividends that really matter.
However, you need to be able to walk before you can run and I think today's result might indicate that RBL has mastered walking alright...
The lack of hype is perplexing though, given that this is a super super "sexy" stock. On-line retail with a creative twist accessing a global customer base, talking about cool things like "flywheel effect" and on the conference call there were quite a few analysts who are obviously following the story...
... all the more surprising to see RBL suffer the neglect here on HC.
Am I missing something? I have not followed the story that long, so perhaps I am not aware of some corporate history that made RBL a HC pariah?
Anyway, today's share price jump will mean that I will have to spend a bit more time on RBL...
GLAH
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Last
40.5¢ |
Change
0.010(2.53%) |
Mkt cap ! $116.1M |
Open | High | Low | Value | Volume |
40.0¢ | 40.5¢ | 39.0¢ | $58.93K | 148.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3685 | 39.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
40.5¢ | 34999 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 82926 | 0.390 |
1 | 15000 | 0.385 |
3 | 14662 | 0.380 |
2 | 6500 | 0.370 |
2 | 11500 | 0.365 |
Price($) | Vol. | No. |
---|---|---|
0.405 | 34999 | 6 |
0.410 | 117598 | 6 |
0.420 | 132 | 1 |
0.425 | 500 | 1 |
0.435 | 4500 | 1 |
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