Obviously it would better if MYD was earning a profit along side the sales growth, so yeah it doesn't help. The e-commerce sector has taken a sentiment hit on two fronts, covid 'bubble'/ 'stimi' payments are over and retail spend has been down, and projected interest rate rises causing multiples decline for growth stocks. Share price of TPW, RBL, KGN all being hit. MYD progress over this period was good to excellent IMO, but the tide appears against it at the moment. SP just holding the line.
MYD Price at posting:
72.0¢ Sentiment: Buy Disclosure: Held