Ann: MyDeal Delivers Another Record Year with Gross Sales Up 111%, page-39

mydeal has cash flaw of $38 million..

it will last them for another 4 years..

they leaking cash around 2 million a year..

they has spent a lot of money on advertisements and vouchers coupons around $9million..

their privately label kicking in good, also app is attracting new customers...

over all this company will take some time to break even or become profitable..

i see 1 to 2 years the company will be come profitable, whether we get a takeover by kogan or temple and webster is another story..

either way im holding for long term.. sp will be very fluctuate in the mean time..