I think yours is a very 'telling' question @johnfreely
If Dean Mintz elects to spill or flood many shares into the market at these prices holders will be pantsed and Cettire will sink deeply into a rabbit hole. It will take a long time to recover share holder confidence as has been the case with other companies who lose share holder confidence.
I see there are many people here with a short-term focus. By their comments the company is either failing or excelling. Typical HC.
You have commented here about the investment in growth. The strategy of increasing advertising (heavily) for Black Friday and Christmas events is a no-brainer and the metric of gross revenue from repeat customers (see below) validates the logic and benefit in doing so.
I think the financials are underwhelming - but that's where CTT is in the growth phase.
I think the growth trajectory is impressive. Scale matters.
H1 FY22 H1 FY21 Growth
Active customers (units) 209k 68k +208%
Unique website visits (million) 23.6 5.8 +304%
Conversion rate (%) 0.91% 1.15% (21)%
No. of orders (units) 215k 67k +221%
Average order value (A$) 712 778 (8)%
Percentage of gross revenue from repeat
customers 46% 34%
I think yours is a very 'telling' question @johnfreelyIf Dean...
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Last
$1.42 |
Change
0.215(17.8%) |
Mkt cap ! $541.3M | |||
| Open | High | Low | Value | Volume |
| $1.21 | $1.42 | $1.21 | $6.411M | 4.790M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $1.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.42 | 27024 | 6 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| CTT (ASX) Chart |