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Wyndrum,
Thanks. There is a lot of support around 4, but we have crashed through into the 3s a number of times and given current trading I wouldn't be surprised to see that again. I'm overweight (but on a free run) so not desperate to top up but it's increasingly tempting.
Thanks for your sharing Wyn. At 4.2-4.3p I will be a partial buyer. Happy to buy at those levels. But sentiment towards high street opening up seems to be grabbing a lot of the attention. So I am not sure how enthusiastic the market is for Eve Sleep as a online tech play. I am so far at this stage mainly attracted to this company because of the CEO's charisma and marketing ability. GLA.
Bermondsey,
Yes - French sales are about a quarter of UK but website visits were one twentieth of UK last month, and down from 65000 to 10000. That seems strange to me - was there maybe no marketing at all while the new campaign was set up?
PS: There was a French website previously, I think the reference you found was just to it being reimplemented on a new platform.
The charts are suggesting 4.2-4.3p as a support? but the danger by buying blindly at a support level, is that it could just carry on going down. If you wait for confirmation that the fall has stopped or reversed then it will probably be nearer 5,3p before you buy, thereby missing out on some profit.
Depends on your risk appetite I guess.
actually it says the french website was completed post year end (after 2020). So have historical french sales been via their partnership with Olivier Desforges?
Dubman I went back to the accounts last night. 2020 france sales were about a quarter of uk (5m vs 20) so I think the analytics are probably accurate
The French website traffic is so low that I wonder if it is accurate?
PS: Promised myself a topup if we hit 4.5p (expecting that we wouldn't) but it feels like it's going even lower.