Comparing GLB to a bricks and mortar retailer is not right, completely different business models.
Retailers with a rollout strategy can scale very quickly and Culture Kings is a phenomenal brand, and has the ability to potentially get to 100+ stores across Australia, so a $600m valuation is probably expensive, but not outrageous.
For GLB, hopefully the right peer eventually is BRG. A global brand in the consumer discretionary biz.
Comparing GLB to a bricks and mortar retailer is not right,...
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Last
$2.96 |
Change
-0.050(1.66%) |
Mkt cap ! $122.7M | |||
| Open | High | Low | Value | Volume |
| $3.11 | $3.11 | $2.96 | $10.01K | 3.328K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50 | $2.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.00 | 2088 | 2 |
View Market Depth
| Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
| GLB (ASX) Chart |