i don't see a moat, it's not like what they do can't be done by someone else, the buyer will go to the guy who can sell for the cheapest, the seller have no loyalty to one middle man. Revenue is huge but how is the margin? I haven't looked at their site for ages but last time all the really premium brands like LV and Chanel, they don't deal with these 3rd party sites, so you end up with some mid tier 'luxury' brands on here which commands less demand.
i don't see a moat, it's not like what they do can't be done by...
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Last
25.5¢ |
Change
-0.065(20.3%) |
Mkt cap ! $97.21M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 31.0¢ | 25.0¢ | $10.00M | 37.74M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 507081 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 135627 | 3 |
View Market Depth
| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| CTT (ASX) Chart |