Gamble or what?16 May 2022 16:57
I have been following these for a few weeks now and still unsure what is going on,
Last night I watched a TV programme about Deliveroo on how they work and their costs/ charges and in all honesty It does look as if they cannot fail to make lots of money.
But then you look at the directors buy / sells / transfers over the last year and there aren’t any director buys at all by the looks of things, and even will shu who used to hold 116,810,841m shares now looks to only hold 170,800.
I does look as if the whole team of directors have lost their confidence in the business so it’s not surprising the SP has gone down so low. But are they still worth a punt?