MYD
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  1. 8horse
    34,339 Posts.
    lightbulb Created with Sketch. 9121
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    22/10/20
    10:51
    Post #: 48295226
    The IPO was underwritten, so hyped to open high to facilitate dumping, imo.

    MYD revenue is about 5% of GTV, last year $5m on about $100 GTV.
    Q121, $56.7m GTV, MYD probably generated around $2.8m revenue for the quarter, not that much.
    At $2.50, market cap $645m, is way overvalued, imo.
    MYD Price at posting: $1.00 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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