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5,256 Posts.
389
15/07/21
11:19
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mydeal has cash flaw of $38 million..
it will last them for another 4 years..
they leaking cash around 2 million a year..
they has spent a lot of money on advertisements and vouchers coupons around $9million..
their privately label kicking in good, also app is attracting new customers...
over all this company will take some time to break even or become profitable..
i see 1 to 2 years the company will be come profitable, whether we get a takeover by kogan or temple and webster is another story..
either way im holding for long term.. sp will be very fluctuate in the mean time..
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