I'm sorry angelus512, but you are incorrect if you think there is a massive gap in the online retailing of beauty products. There is no gap if anything there is more players than what is currently needed, these players are also much larger than ABY.
Also trying to portray them as being the beauty equivalent of Amazon or EBay is a long stretch of the bow. If anyone wants to buy Beauty products from a site like those two mentioned they will just go and buy from exactly those two that were mentioned...
let me just say I think this business is a sound medium sized Australian business, what I have a problem with is the over exaggeration of the value of said business. The Market cap should be below $50mil. This IPO is just a way for initial investors to cash out while ripping off first time retail investors.
I'm sorry angelus512, but you are incorrect if you think...
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Last
$1.02 |
Change
0.070(7.37%) |
Mkt cap ! $95.83M | |||
| Open | High | Low | Value | Volume |
| 95.0¢ | $1.03 | 95.0¢ | $62.97K | 63.29K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 205347 | $1.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.03 | 6351 | 1 |
View Market Depth
| Last trade - 15.55pm 14/08/2024 (20 minute delay) ? |
| ABY (ASX) Chart |