So your valuation of the company is around $1.20. Good luck I can't see it reaching the mid $1 range for long.
I have also been building an investment case for Myer, and City Chic. I think BBN is superior to both. Myer is too clunky and complicated as a company with correlation to so many variables particularly on the revenue side. Then there is customer service issue that we can see when you go shopping.
City is speculative but riskier with a huge upside. Completely different demographic.
Negative sales growth, even with higher discounting, page-5
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 (20min delay)
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Last
$1.60 |
Change
-0.010(0.62%) |
Mkt cap ! $215.8M | |||
| Open | High | Low | Value | Volume |
| $1.61 | $1.64 | $1.59 | $395.6K | 247.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1148 | $1.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.61 | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| BBN (ASX) Chart |