Interesting to note whilst every stock in the Dow Jones Index fell; Ulta Beauty (Market Cap $13.4 Billion) where our #1 shareholder is a director actually finished in the green.
Ulta Beauty is the largest beauty chain in the world by physical stores and online.
I have always classified Cellmid as a defensive growth company as it has multiple revenue streams.
With the derisking just starting in the market; I would expect money to start moving out of high risk high speculative with $0 revenue (drillers, diggers, crpyto etc) to company’s with substance and revenue like Cellmid.
Maria has built Cellmid to weather the storms of financial markets by ensuring cashflow is the back bone of the business.
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