Might want to read the class action on LuLaRoe http://pyramidclassaction.com/BerryComplaint.pdf
From EML report...
"LuLaRoe volumes in December 2017 to February 2018 trailing lower than the previous 6 month average. Given the size of this customer in terms of GDV this has a more material effect on forecast GDV numbers "
Tom sold his shares on November the 17 th and the Chairmen released this statement on the 27th of November. "To the contrary, the Company is trading ahead of budget and its prospects for continued strong growth and increasing profitability are excellent both for FY18 and in the future".
So LuLaRoe only started to tank in November and December right ? What's the current monthly load on LuLaRoe ? After reading the class action and commentary coupled with the commentary that the volumes are trailing lower than the previous 6 month average I'm putting two and two together.
More info on LuLaRoe...
http://www.dontwasteyourmoney.com/lularoe-lawsuit/
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Might want to read the class action on LuLaRoe...
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Last
87.0¢ |
Change
0.185(27.0%) |
Mkt cap ! $252.1M |
Open | High | Low | Value | Volume |
87.0¢ | 90.0¢ | 82.0¢ | $7.358M | 8.603M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 38695 | 86.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
87.5¢ | 52398 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 20101 | 0.705 |
5 | 116332 | 0.700 |
2 | 32784 | 0.695 |
4 | 32862 | 0.690 |
4 | 160449 | 0.685 |
Price($) | Vol. | No. |
---|---|---|
0.715 | 18450 | 2 |
0.720 | 71784 | 3 |
0.725 | 21530 | 3 |
0.730 | 19444 | 4 |
0.735 | 304 | 2 |
Last trade - 13.39pm 26/11/2024 (20 minute delay) ? |
EML (ASX) Chart |