Dont disagree. With e-commerce businesses (that are not platform based), alot of them have low entry barriers and differentiation. The key consideration with these businesses is total addressable market. The TAM is hundreds of billions with <5% online penetration for groceries. This market will allow multiple players to compete. MMM being the top 3 player globally and the number 2 player with global presence outside of US put it in a decent position. Cash shouldnt be an issue as subscription payment allows for supply planning upfront
Dont disagree. With e-commerce businesses (that are not platform...
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Last
2.0¢ |
Change
-0.002(9.09%) |
Mkt cap ! $2.354M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.2¢ | 2.0¢ | $1.003K | 48.72K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 125000 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 160519 | 5 |
View Market Depth
| Last trade - 10.21am 26/06/2024 (20 minute delay) ? |
| MMM (ASX) Chart |