mkt cap is NOT EV. Your EV is still ~$200-300m, of almost PURE DEBT/CREDIT (negative equity).
Ezibuy should have been mothballed.....biggest waste of $$$ as MOZ doesnt have the expertise/capability nor financial strength vs Woolies to even keep it afloat, let alone make it profitable. theres a reason wow dumped it for nix.
Its "kindi" when peeps like u (+ vivrookie - had blocked him but decided to read his "incy wincy spider" posts for shear bemusement) keep hoping for casino like returns when the writing is CLEARLY on the wall....retail pain hasn't YET begun (if you think now is bad...)..... 2 weeks to another interest rate rise....50pbs will be the final nail in this coffin.
very much lookin fwd to the company update! with debt facilities practically max'd out, suppliers banging on the door for payment (no-ones home style - barricade the doors!)....how theyll fund another 6 mths is anyones' guess....(major recapitalisation or bust imho)
gltah
MOZ Price at posting:
26.5¢ Sentiment: Sell Disclosure: Not Held
