@Msir, think you may have missed a critical element of the Cettire model? They do not produce any of this clothing/footwear. They have a >$1b of luxury goods available on the platform, none of which they pay to hold in inventory.
That you think the products are laughable is irrelevant, they are heading towards $1b of annual sales, so someone (more like many 10's of thousands of someones...) likes the value proposition of the products listed.
Argue the valuation, by all means, but clearly the product offering has a market - Eternalgrowth
@Msir, think you may have missed a critical element of the...
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Last
$2.40 |
Change
-0.090(3.61%) |
Mkt cap ! $914.9M | |||
| Open | High | Low | Value | Volume |
| $2.51 | $2.53 | $2.36 | $7.788M | 3.225M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1148 | $2.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.42 | 36885 | 2 |
View Market Depth
| Last trade - 16.10pm 22/05/2024 (20 minute delay) ? |
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Last
$2.40 |
Change
-0.090 ( 4.65 %) |
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| Open | High | Low | Volume | ||
| $2.51 | $2.51 | $2.36 | 946128 | ||
| Last updated 15.59pm 22/05/2024 ? | |||||
| CTT (ASX) Chart |