IPO - Adore Beauty Group Limited, page-41

I HAVE NOT SHOPPED WITH THEM.

I do have significant cosmetic market knowledge. I do also have considerable e-commerce insight.

If someone wanted a cosmetics based e-commerce store. with Accounts with all the major brands. Accounts with PayPal, and any other payment platform available. it could be done in 12 months with an outlay of maximum $2,000,000.

All I will add is do some actual research.

look at how long this company has been trading. Consider wether, if there was going to be rapid growth, would it have already happened?

Has this company been bought and sold Already, to whom and why was it sold back?

Look at who are the major international companies that are the main competitors to this considerably smaller operation.

How much share have the founders off loaded since being listed, why would they sell so much interest if they thought there was going to be rapid growth.

this stock will be $.5 by the middle of next year. then the founders will probably buy back in. after a long holiday on their new boat in the Whitsundays.