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1.8¢ marley spoon se

Ann: Results of Annual General Meeting, page-41

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Bustedwallet

529 Posts.

20

10/06/22

11:15

Post #: 61937419
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Originally posted by Sotera36 ↑

it seems to be dropping 10% a day. At this rate, they won’t get much with any cap raise. I think they will probably stop chasing growth and focus on profitability.

But seriously it is a joke with the sp - even if you think you should buy, you won’t because it will go even lower. And the cycle then feeds on itself, keep dropping. At what price will investors see value? 5c? I am surprised if it gets there honestly.

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It will only get worse as well.
Key vegetable components are tripling in price which will make them loose money twice as fast for the next quarter.

MMM Price at posting: 21.0¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

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