MMM 6.06% 3.5¢ marley spoon se

Ann: Market Update Q4 2020 Presentation, page-4

  1. 38 Posts.
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    Truthfully, I am happiest about this:
    https://hotcopper.com.au/data/attachments/2849/2849784-016d687de50cbc843fd5263241422e1b.jpg
    My thinking was that ever since MMM was shot down with the COVID vaccine news being released (albeit US and EU are still in trouble), they have been kept at a low price due to greatly low expectations from the market. The common theme that I saw on those who where bearish of the company, was that Marley wouldn't be able to retain their customer base & were in fact a high churn business (something that Fabian always had strongly disagreed with). These results are modest in their increase, but the important thing is that the business has proven to have kept the customer base ordering meals even after COVID. Fingers crossed that Q1 of FY21 continues this trend.

    Hopefully $3 soon. DYOR & have fun.
 
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Last trade - 10.24am 27/05/2024 (20 minute delay) ?
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