Stinker of a business . 1.4ml revenue -350k loss, average weekly customer spend $16/week. Valued at 16ml market cap. Basically just made the founders $8mill for a crap business. Good luck, I’ll be watching this go into admin within 12-18 months or raising more cash. ASx has become a place for crap businesses to make founders of crap businesses rich at expense of dumb retail
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Ann: Financial Statements 30 June 2020, page-2
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