boy - with that backdrop - aren't we lucky to have a CEO and Board who signed off on massive overhead increases.
Fun fact - a negative working capital profile - like Redbubble has - absolutely spits cash when it is growing. The inverse is true when growth goes backwards - a negative working capital profile becomes a massive consumer of cash.
Negative revenue growth + negative working capital profile + massive increased overheads and negative profit = kiss goodbye to all that cash. and share price.
Activist investor believes RBL undervalued urges board to sale company, page-23
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Last
40.0¢ |
Change
0.010(2.56%) |
Mkt cap ! $112.7M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 40.0¢ | 38.5¢ | $90.02K | 228.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 18399 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 88878 | 5 |
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| Last trade - 15.32pm 17/07/2024 (20 minute delay) ? |
| ATG (ASX) Chart |