BEX 17.8% 30.0¢ bikeexchange limited

A total spud. It's hard to fathom how a company that's been...

  1. 1,014 Posts.
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    A total spud. It's hard to fathom how a company that's been burning money for over 10 years can then raise a huge amount of cash, go public without changing the failed business model in any material way. Result = burn all the new cash, consolidate at 100:1, burn last remnants of cash, undertake a new raise and fall short significantly and delist.

    Seriously, wtf goes on?
 
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