RBL is an interesting business that I can't quite figure out at the moment.
On the one hand, they seem to be doing OK - ignoring this current announcement - with plenty of cash in the bank. On the other hand, as the great analysis that @sutantom pasted from Reddit mentions, there are plenty of downside risks from competition, fickle artists, customer acquisition costs etc.
I'm a long term holder and hoping that the executive team can execute on their medium term goals. I guess I'll have to wait and see how things look at the end of this year.
RBL is an interesting business that I can't quite figure out at...
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Last
40.0¢ |
Change
0.010(2.56%) |
Mkt cap ! $113.1M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 41.0¢ | 37.5¢ | $17.07K | 42.85K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 2997 | 1 |
View Market Depth
| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
40.0¢ |
Change
0.010 ( 5.88 %) |
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| Open | High | Low | Volume | ||
| 40.0¢ | 40.0¢ | 40.0¢ | 1675 | ||
| Last updated 14.55pm 31/05/2024 ? | |||||
| ATG (ASX) Chart |