They said is it about $2 million to open a new store...so have cash for another 130 stores. Cash reduced by $20 million last half, but they open 16 stores using.
They aim to do 30-40 new stores pa. At this rate they will run out of cash before they get to about 500 stores, or they slow down and do only 10-20 stores pa after they hit 450.
Unless they raise money, or profitability drastically improves it will take 25+yrs to get to 1000 stores
They said is it about $2 million to open a new store...so have...
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Last
$29.32 |
Change
0.280(0.96%) |
Mkt cap ! $3.010B | |||
| Open | High | Low | Value | Volume |
| $29.10 | $29.32 | $28.80 | $15.86M | 541.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 165 | $29.26 |
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| Price($) | Vol. | No. |
|---|---|---|
| $29.32 | 58 | 7 |
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| Last trade - 12.47pm 16/06/2025 (20 minute delay) ? |
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