BKG 0.00% 4.5¢ booktopia group limited

Ann: Results of Meeting, page-8

  1. 208 Posts.
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    Big gorilla competitor and Amazon pricing a lot more competitive across the board.
    Google trend statistics on the decline.
    Supply chain in a shambles and customer experience getting impacted.
    Recent trading update worrying momentum wise.
    Continuing macroeconomic headwinds.
    Loans racked up for fitout of CFC and ACCC penalty a bitter pill.
    Going concern comment in FY23 annual report looking increasingly ominous.

    Is there any way this business turns around? Even given all the above... can't help but want to roll the dice on $14m market cap given customer base, revenue, and brand.
 
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