REBN Just granted Franchise Green Light in USA! Do you own due diligence.
Higher low. Breakout of trend resistance and retest. REBN
$9 is recent high of July 2024.
Currently trading at $5.09.
There's a chunk of debt on the books fundamentally.
Revenue is higher year-on-year however on-paper losses are large.
*This is not investment advice. Always consult a financial advisor.
I will be watching this one closely.
If that revenue spikes 100x while costs are kept to operating minimum while expanding purchasing power and lowering unit cost on bulk sourcing on scale - this could be a magic cup brewing...
REBN Opening 100 new locations in the USA over the next 3 years (via recent news release) is definitely a positive thing imho for this stock in my humble opinion 😀.