Deliveroo Share Price (ROO)

Yeah. This share had disaster written all over it from day one. Sadly people have been really badly caught out by believing all the hype.

Deliveroo still can't make money, after 9 years trying. The government imposed lockdown was a gift to them and they still haemorrhaged hundreds of millions of pounds. The only way they will make a profit is if they double or treble their fees and watch what happens if they try it.

Directors selling themselves says it all!

Nice.

IPO was 390p - fair value here is probably 30p in these markets.

I would forget the IPO - we are in a whole new market environment , those high Tech days have gone for a while yet ...probably wont return to that level until the FED brings in the next QE printing back !!