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Real-Time news about E-Retail (London Stock Exchange): 0 recent articles
|E-Retail Daily Update: E-Retail is listed in the sector of the London Stock Exchange with ticker ERL. The last closing price for E-Retail was 315p.|
E-Retail has a 4 week average price of - and a 12 week average price of -.
The 1 year high share price is - while the 1 year low share price is currently -.
There are currently 0 shares in issue and the average daily traded volume is 0 shares. The market capitalisation of E-Retail is £0.
|vwrich: i maybe wrong but this is a good time to buy,i was expecting a dip and here we are , i do believe this company will do well,there is plenty of experience, and going at something for a second time,usually works out better.This is certain for the long term ,but its one of those shares which is carrying alot of interest , which is alwaays a good thing for setiment towards the share price.|
|davidlloyd: If they were so good at ASOS then I'm surprised they left. Admitedly, taking their experience to other companies is a good route but it's a very competitive area. ALso, their business model is, as I understnad it, 'fees minimised with option to take equity stake in company in future at predetermined price etc'. This is all well and good (poentially very big returns) but does not provide a model for sustainable cash flow in the short term IMO. In this respect, on paper it looks good, in reality they are going to eat up money raised. Unless things can come good very quickly (and I mean quickly) this will not run.
Remember that as they state, they have only got companies that they have themselves identified or that have been 'suggested' by others that 'could' use their services - i.e. no potential clients have come to them asking for input. Closing any deal (cold sell) aint going to be easy and this is one area that the team may not have the requisite experience.
All credit to the team if they get this one off the ground - just stating my thoughts as to why caution at this stage is IMO justified. On the basis of my understanding of the information to hand, there is only one direction for the share price over the next 1-2 years and it aint up.
This is all my own thoughts, please DYOR. Not trying to be pessimistic, just calling it the way I see it. No doubt this will shoot up and I will have missed an amazing opportunity.
All IMHO etc.
E-Retail share price data is direct from the London Stock Exchange