Yeah I agree with you mate. E-commerce is here to stay and with the new CEO coming in with strong track record, I see RBL riding this structural tailwind nicely. Its business model is brilliant with the flywheel effect and is what really impressed me as it scales. It doesn't need to be the next ETSY to increase its mkt cap from here on in a structurally growing industry. Short term issues can happen to any company, its how mgmt responds and improves the company that matters more.
We should monitor institutional buying/selling and insider buying/selling closely, as that should give us some more concrete indications of any potential issues.
Yeah I agree with you mate. E-commerce is here to stay and with...
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Last
32.0¢ |
Change
-0.005(1.54%) |
Mkt cap ! $93.23M | |||
| Open | High | Low | Value | Volume |
| 32.5¢ | 33.0¢ | 31.5¢ | $23.74K | 72.96K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6096 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 7430 | 3 |
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| Last trade - 12.29pm 04/11/2024 (20 minute delay) ? |
| ATG (ASX) Chart |