Bonkers Bargains: new team, new plan and fund raise
Even in the most challenging of markets this business still generated significant profits and continued to pay an attractive dividend. Following the unexpected departure of the co-founder and CEO, the new management team has concluded a strategic revew and has a bold plan to accelerate growth. To help support this they are raising some new equity. The shares have fallen back on the news but the growth story is now more compelling than ever. Read on here for our latest thoughts on this modestly valued business.
The pandemic wrought havoc on many business models, but this Bonkers Bargain weathered the crisis better than most.
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