Ann: Placement and Non-Renounceable Entitlement Offer, page-4

Very familiar with the bike industry in Australia so I've kept a eye on BEX since it IPOd.

Has been nothing but a disappointment since listing imo.

Truth is that the second hand bike market has roared during the pandemic due to new bike supply chain issues.

Which is why I've been very surprised that BEX has performed so terribly.

You really have to ask yourself, if it werent for the pandemic related supply chain issues, would BEX have even listed? I think probably not.