ABY 5.85% 88.5¢ adore beauty group limited

I think it'll come down to whether they have a genuine...

  1. 871 Posts.
    lightbulb Created with Sketch. 98
    I think it'll come down to whether they have a genuine competitive advantage or not.

    If they do they should be able to grow at above average industry growth. From minimal research the online beauty industry is projected to grow at between 8-10% cagr until 2030, that means ABY should be growing double digits if what they have is protectable from competitors and able to win new customers.

    An example of a company that doesn't is RedBubble and in a very competitive space their revenue just churned through.




 
watchlist Created with Sketch. Add ABY (ASX) to my watchlist
(20min delay)
Last
88.5¢
Change
-0.055(5.85%)
Mkt cap ! $83.15M
Open High Low Value Volume
93.0¢ 94.0¢ 87.5¢ $345.2K 383.9K

Buyers (Bids)

No. Vol. Price($)
1 50000 88.0¢
 

Sellers (Offers)

Price($) Vol. No.
93.0¢ 2769 1
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
ABY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.