My argument can be distilled quite simply to, I don't believe this is the end of luxury. In fact I expect Cettire to be a beneficiary of a tougher period of luxury sales. What the big luxury companies won't tell you is they need companies like Cettire to exist. I'm looking at the simple facts - a growing profitable company with no debt and money in the bank. Bugger all chance of dilution or capital raises and a founder who is aligned with the shareholders. That's the "for" argument. The "against" argument boils down to luxury will never sell again and nobody will ever make money in this space again. All of the other "against" arguments have been proven to be false.
CTT Price at posting:
$1.92 Sentiment: Buy Disclosure: Held
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