I don't know what it is now, but definitely 200 in the future.
In my opinion, this will go big, REALLY BIG. I'm not calling it another Afterpay, but there is a similarity in that offers the next generation of how people purchase and arrange tailored products. This dynamic of RBL experiencing significant growth at a time when the world has been in lock downs is fascinating and again it indicates the future buying habits of the internet literate generations. Add to that, that the artists do the running around advertising their Redbubble product to the world (my wife included) and its a pretty cool model. IMO this will go well over $20 and perhaps beyond $50.
Plus I note that Blackrock don't stuff around. They know what they are buying into.
I'll make a little prediction for what's worth; I believe we will see at least one Australian bank becoming a substantial shareholder sometime in the future. That's just my uneducated opinion (disclaimer: I am currently running an investment method that kind of replicates what CBA and the others are taking a position in. Why not? They seem to know what they are doing).
Have a great day everyone.
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