thats true, i took FY20`s number to calculate PS. But dont get me wrong, Im a believer of RBL and think they can grow somewhere around 50% in revenue given people who bought masks will be very likely to browse and buy something else on RBL at the some time or in the future. my post was to have thinking on how the market values RBL, a retailer or platform. in fact we are more of a retailer in my opinion because we do all the dirty work: build the website, do the promotion, manage the artists and even partly participate to the manufacturing. this model is very different from Ebay or amazon, whose model is more of advertising and selling "presenting space", which yield much higher margin.
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Open | High | Low | Value | Volume |
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1 | 46000 | 0.400 |
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4 | 79685 | 0.370 |
Price($) | Vol. | No. |
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0.420 | 30387 | 3 |
0.425 | 17685 | 1 |
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