Interesting article in AFR today. 50% of streetwear retailer Culture Kings has been sold valuing the company at $600mil. They have revenue of $250mil and profit of $19mil. At that multiple GLB SP should be $30 !
Culture Kings
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Last
$2.90 |
Change
0.000(0.00%) |
Mkt cap ! $120.2M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2800 | $2.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.05 | 3000 | 1 |
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