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Bonkers Bargains: new team, new plan and firmer footing

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A new management team has concluded its strategic revew and has a bold plan to accelerate growth, making a number of significant new hires. The shares have bounced off lows but still have a long way to come back to anywhere near previous highs. Read on here for our latest thoughts on this compelling recovery play, which will need a good degree of patience. 


The pandemic wrought havoc on many business models, but this Bonkers Bargain weathered the crisis better than most.

Despite the disruptive climate it continued to invest in its technology and people and also expand its geographic footprint. Throughought this considerable period of investment it also continued to generate attractive profits. 

Unfortunately, the unexpected departure of the co-founder and CEO, followed by the resignation of the CFO has muddied the waters, bringing a sharp sell-off in the shares. Having bounced off lows,…

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