RBL is probably a new ASX200 company to many subscribers, it’s an e-commerce art business which sells a variety of products designed by independent artists. To put the company into perspective it already has close to 10 million customers worldwide, a number which grew 40% last year. Like many in the online market its growing, attracting more customers which attracts more artists and that in turn provides a greater range which underpins more re-occurring purchases! A whopping 9.26% short position could easily see this stock squeeze up towards $6.
MM likes RBL around $4
Add To Hit List
